Tag Archives: Irena

Climate Investment Platform: Plugging the Energy Investment Gap in Developing Countries

IRENA and Climate Investment Platform partners are working closely to advance renewables deployment efforts in developing countries Access to renewable energy finance remains a key challenge for developing nations. While many countries across Africa, Asia and Small Island Developing States remain highly disadvantaged by a lack of adequate energy infrastructure, they are presented with a … Continue reading Climate Investment Platform: Plugging the Energy Investment Gap in Developing Countries

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Members Reinforce IRENA’s Position at the Heart of Geopolitics of Energy Transformation

“We may never see oil demand return to 2019 levels,” said Dr. Thijs De Graaf, lead author of ‘A New World’ – an influential report published two years ago by the IRENA-convened Global Commission on the Geopolitics of the Energy Transformation, and participant at the second meeting of IRENA Collaborative Framework on the geopolitics of … Continue reading Members Reinforce IRENA’s Position at the Heart of Geopolitics of Energy Transformation

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Countries Raise the Sails on Offshore Wind Energy

Offshore renewables, including offshore wind power, wave, tidal, ocean thermal, and floating solar PV, will witness substantial growth in capacity over the next decade and play an essential role in the global energy transformation. In this context, representatives from 40 countries gathered to identify collaboration areas and agree on concrete actions to accelerate progress and … Continue reading Countries Raise the Sails on Offshore Wind Energy

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Islands Aim to Phase out Fossil Fuels and Build Climate Resilience

From the Atlantic Ocean and the Caribbean to the farthest reaches of the Indian and Pacific oceans, island communities face common and increasingly daunting energy challenges. On top of their vulnerability to climate change, Small Island Developing States (SIDS) tend to have limited primary energy resources, leaving them dependent on imported fossil fuels. This means … Continue reading Islands Aim to Phase out Fossil Fuels and Build Climate Resilience

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Innovation Week 2020 Kicks Off with Focus on Renewable Solutions in Transport and Industry

IRENA’s third Innovation Week has officially started. Opened by IRENA’s Director-General Francesco La Camera and global energy leaders in a high-level event today, more than 1800 policy makers, innovators, developers and investors from 146 countries across IRENA’s diverse global membership will virtually gather from 5-8 October and discuss how innovative solutions can advance the use … Continue reading Innovation Week 2020 Kicks Off with Focus on Renewable Solutions in Transport and Industry

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Renewables Could Cover More Than One-Third of Energy Demand in Central and South Eastern Europe

New IRENA report explores cost-effective growth of renewables in Central and South Eastern Europe to save costs, enhance energy security and supply affordable energy to all citizens in the region. Within ten years, the economies of Central and South Eastern Europe* could cover 34% of their rising energy demand cost-effectively with renewables, a new report … Continue reading Renewables Could Cover More Than One-Third of Energy Demand in Central and South Eastern Europe

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CDF and IRENA Collaborate to Boost Low-Carbon Investments in the Caribbean

Cooperation will support renewable energy and energy efficiency drive as Caribbean looks to transition away from fossil fuel dependency The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding with the CARICOM Development Fund (CDF) to support a transition from fossil-fuel dependency to a more resilient and sustainable low carbon economic development model … Continue reading CDF and IRENA Collaborate to Boost Low-Carbon Investments in the Caribbean

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Countries Look to Advance Green Hydrogen Production for a Deep Energy Transformation

In a week in which Airbus, the world’s second largest aviation manufacturer, revealed prototypes for a hydrogen fuel passenger aircraft and a timeline for production to 2035, the International Renewable Energy Agency (IRENA) gathered global public and industry stakeholders to discuss how green hydrogen can advance towards cost competitiveness. At the second meeting of the … Continue reading Countries Look to Advance Green Hydrogen Production for a Deep Energy Transformation

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Wind energy employs 1.2 million people

IRENA’s annual jobs review confirms long-term growth trend; strong policy action essential to ensure continued employment expansion in the COVID-19 era. Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA) today. The seventh edition of Renewable Energy and Jobs … Continue reading Wind energy employs 1.2 million people

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IRENA’s Collaborative Framework on Hydropower Takes Shape

Advancing the discussion from June 2020, the International Renewable Energy Agency (IRENA) held its second meeting of the Collaborative Framework on Hydropower. With more than 100 attendees from 49 Members and States in Accession, the virtual meeting witnessed a high level of engagement to take advantage of the knowledge and expertise that exists within the … Continue reading IRENA’s Collaborative Framework on Hydropower Takes Shape

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World Economic Forum and IRENA Partner for Sustainable Energy Future

The President of the World Economic Forum, Børge Brende, and the Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, signed a Memorandum of Understanding (MoU) alongside the 75th session of the UN General Assembly and the Sustainable Development Impact Summit. The Forum’s Energy Transition Index has found that, without urgent stakeholder action, … Continue reading World Economic Forum and IRENA Partner for Sustainable Energy Future

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Finance for Renewables in Developing Countries Is on the Rise

Global finance to developing countries in support of clean and renewable energy reached USD 21.3 billion in 2017. This almost doubles the level from 2010 when international financial flows were at USD 10 billion, according to latest figures of a new indicator under the Sustainable Development Goal 7 (SDG). The new indicator, jointly monitored by … Continue reading Finance for Renewables in Developing Countries Is on the Rise

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Eliminating CO2 Emissions from Industry and Transport in Line with 1.5°C Climate Goal

Renewable energy holds the key to most of the options available to reach zero emissions in industry and transport, IRENA’s new report Reaching Zero with Renewables shows. Presented today by IRENA’s Director-General Francesco La Camera at the high-level Clean Energy Ministerial-Mission Innovation meeting, it sends a strong message that limiting global temperature rise to 1.5°C. will … Continue reading Eliminating CO2 Emissions from Industry and Transport in Line with 1.5°C Climate Goal

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Renewables at Heart of Reaching Zero Emissions in Industry and Transport

Only seven industry and transport sectors will account for 38% of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a key requirement to … Continue reading Renewables at Heart of Reaching Zero Emissions in Industry and Transport

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Institutional Capital: Closing the Energy Transformation Investment Gap

The energy transformation is unstoppable. Renewable energy capacity additions have consistently outpaced the growth of traditional forms of energy over much of the last decade and in what has been dubbed the ‘decade of action’ the next 10 years are poised to be even more transformational. They will need to be. To put the world … Continue reading Institutional Capital: Closing the Energy Transformation Investment Gap

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Latin America’s Energy Community Underlines Link Between Energy Transformation and Prosperity

High-level energy and climate decision makers from Latin America and the Caribbean underlined the importance of low-carbon energy policy to securing stable, long-term prosperity across regional economies, during a webinar co-hosted by the International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE). The virtual meeting entitled Accelerating Latin America’s Energy Transformation: RE … Continue reading Latin America’s Energy Community Underlines Link Between Energy Transformation and Prosperity

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Strong Cooperation and Enabling Policies can Lead Energy Transformation in Southeast Asia

IRENA and ASEAN Centre for Energy webinar brings more than 160 participants together to discuss the opportunities low-cost renewables offer the region Meeting future energy demand in the Association of Southeast Asian Nations (ASEAN) is a high priority in the region. With current indigenous fossil fuel resources incompatible with climate and sustainable development goals, and … Continue reading Strong Cooperation and Enabling Policies can Lead Energy Transformation in Southeast Asia

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IRENA develops guidelines for cooperation with the private sector

IRENA has developed Guiding Principles for Engaging in Cooperation Activities with the Private Sector (the “Guidelines”). The Guidelines aim to facilitate cooperation with the private sector to support the achievement of IRENA’s mandate, goals and objectives, while maintaining a principled approach that manages risks and ensures IRENA’s impartiality, integrity and independence. The Guidelines will be … Continue reading IRENA develops guidelines for cooperation with the private sector

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30 Innovative Solutions Show Path to Renewable-Powered Future

As of today, IRENA has published the full series of 30 Innovation Briefs under its Innovation Landscape report. It is the most comprehensive analysis available on innovation priorities that policymakers must address to successfully decarbonise the electricity systems with renewables and push for innovative renewables solutions in a COVID-19 recovery stimulus. With the new briefs … Continue reading 30 Innovative Solutions Show Path to Renewable-Powered Future

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ADGM Inks Partnership with IRENA to Promote Sustainable Finance

International Renewable Energy Agency (IRENA), the lead intergovernmental agency for the energy transformation, and the Abu Dhabi Global Market (ADGM), the award-winning international financial centre, have signed a Memorandum of understanding (MoU) to signify their joint commitment to progressing sustainable finance across the UAE and the wider region. Through the MoU, IRENA and ADGM solidified their … Continue reading ADGM Inks Partnership with IRENA to Promote Sustainable Finance

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