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Energy Explained
Get the latest as our experts share their insights on global energy policy.
Assessing the Energy Impacts of the One Big Beautiful Bill Act
This special CGEP blog series, featuring six contributions from CGEP scholars, analyzes the potential impacts of the OBBBA across a range of sectors.
Blog
by Jack Andreasen Cavanaugh, Anne-Sophie Corbeau, Tom Moerenhout, Matt Bowen, Ashley Finan & Noah Kaufman • July 14, 2025
Podcasts
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
Climate Shocks Are Redefining Energy Security
Many parts of the US have experienced brutal, deadly heat in recent weeks—and there’s plenty of summer left. Intense rainfall, made more likely by warming, dropped more than...
Freeing the world of poverty is the predominant goal of the World Bank, one of the largest sources of funding and knowledge for developing countries. And one of the most important factors in achieving that objective is providing reliable and affordable electricity to the more than 1 billion people around the world who lack it now.
In this episode of the Columbia Energy Exchange, host Bill Loveless talks to Riccardo Puliti, the top energy official at the World Bank. As a senior director and head of the Energy and Extractives Global Practice at the bank, Riccardo leads a team of 400 professionals who develop policies and financing in these industries, with a portfolio of some $40 billion.
Bill and Riccardo met recently at his office at World Bank headquarters in Washington, two years after their first conversation on the Columbia Energy Exchange, when Riccardo was still new to the job. They talked about what’s happened since then, including stepped-up efforts at the bank to promote access to renewable energy in remote regions like Africa and Southeast Asia and to address the threats of climate change.
Always an optimist, Riccardo finds satisfaction in the progress that’s been made to expand access to cleaner types of energy, though he acknowledges more needs to be done. And he’s keen on the potential of new technologies like energy storage. But he also makes clear the bank’s concerns over climate change, whose potential impact is of growing concern to nations around the world.
Of course, he and Bill were meeting as the World Bank awaits a new president, following the resignation of Jim Yong Kim earlier this year and the Trump administration’s nomination of David Malpass, an official at the U.S. Treasury Department, to replace him. Will energy and climate policies change under the bank’s new leadership? Not surprisingly, Riccardo responded carefully, saying, “We have to wait until the new president comes and then see what kind of dialogue takes place.”
Prior to joining the World Bank, Riccardo was the managing director in charge of energy and extractive industries at the European Bank for Reconstruction and Development. He started his career at Istituto Mobiliare Italiano in 1987 before moving to Banque Indosuez and NM Rothschild where he worked in equity capital markets, always in the energy and infrastructure sectors.
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Climate Shocks Are Redefining Energy Security
Many parts of the US have experienced brutal, deadly heat in recent weeks—and there’s plenty of summer left. Intense rainfall, made more likely by warming, dropped more than...
Is AI Friend or Foe to the Clean Energy Transition?
Artificial intelligence is transforming our world—and the energy sector. Earlier this year, the International Energy Agency (IEA) released a comprehensive report examining both AI’s projected energy demands and...
Peaks and Valleys in the Energy Transition
The global energy landscape is shifting right now. Geopolitical tensions in the Middle East, debates about peak oil demand, and waning support for climate action in some parts...
Navigating Israel-Iran Ceasefire Uncertainties
Just two days after President Trump deployed America’s military to attack Iranian nuclear development sites, a shaky ceasefire between Israel and Iran brokered by President Trump emerged. So...
Columbia Energy Exchange Podcast
with Richard Nephew
, Karen E. Young
and Daniel Sternoff
• June 25, 2025
Relevant
Publications
Assessing the Energy Impacts of the One Big Beautiful Bill Act
This special CGEP blog series, featuring six contributions from CGEP scholars, analyzes the potential impacts of the OBBBA across a range of sectors.
Blog
by Jack Andreasen Cavanaugh, Anne-Sophie Corbeau, Tom Moerenhout, Matt Bowen, Ashley Finan & Noah Kaufman • July 14, 2025
MP Materials Deal Marks a Significant Shift in US Rare Earths Policy
The US Department of Defense has announced a multibillion-dollar public-private partnership with MP Materials.
GNL, il ruolo strategico delle infrastrutture
Il mercato globale cresce come mai prima, ma affronta sfide geopolitiche e incertezze sulla domanda futura. Le infrastrutture – per l’esportazione e l’importazio...
