A massive scale-up in renewable energy deployment is vital to fully decarbonize the global energy system by 2050, which is required to meet the ambitions of the Paris Agreement and keep global temperature rise to 2 degrees celsius. At the COP22 Climate Change Conference in Marrakech, Morocco, a 20-country coalition launched a new initiative to help decarbonize the transport and industry sectors through modern, sustainable low-carbon biofuels as alternatives to fossil fuels.
The Biofuture Platform aims to contribute to the global fight against climate change, nurturing solutions that can help countries reach their Nationally Determined Contribution, as well as to contribute towards the Sustainable Development Goals. The 20-country coalition comprises of Argentina, Brazil, Canada, China, Denmark, Egypt, Finland, France, India, Indonesia, Italy, Netherlands, Morocco, Mozambique, Paraguay, Philippines, Sweden, United Kingdom, United States of America and Uruguay. Continue reading Coalition for Advancing Low Carbon Fuels Launches at COP22
As early supporters of renewable energy technologies Small Island Developing States (SIDS) have played a pivotal role in demonstrating the role of renewables in achieving the Sustainable Development and Climate agendas. They know that overcoming reliance on fossil fuels will increase both their resiliency and economic viability.
To assist SIDS in achieving their renewable energy goals, the Republic of the Maldives as the current chair of the Alliance of Small Island States (AOSIS), has just announced the creation of an Initiative for Renewable Island Energy (IRIE). The announcement came during the high-level session for the Global Climate Action Agenda at COP22. Its purpose will be to support SIDS in their implementation of the renewable energy and energy efficiency components of their nationally determined contributions (NDCs) to implement the Paris Agreement. IRIE is setting an initial goal of mobilising at least $1 million in grant and concessionary financing by 2020 for concrete implementation on the ground. Continue reading Scaling up Renewable Energy on Small Island Developing States: The Initiative for Renewable Island Energy
Ministers and senior officials from government, international organizations, development institutions and civil society gathered at COP22 in Marrakech on Monday to discuss the pathways to meet African climate objectives with renewable energy.
Building on concrete experiences, the high-level event, organized by IRENA and Environnement et Developpement du Tiers-Monde, gathered government representatives, climate finance institutes, development partners and civil society to discuss how African countries can reap the potential of renewable energy through NDC implementation while advancing their national development priorities. The side-event highlighted the key features of tools and climate finance resource to support NDC implementation. Continue reading IRENA Convenes Ministers at COP22 to Address Renewables for Africa
Over the last few years there has been a significant increase in the voluntary demand for renewable energy sourced by large corporations to supply their own operations and supply chains. As of today, 40% of the Fortune 500 companies have set clean energy targets, over 50 businesses representing a market cap of USD 15 trillion have signed on to the Corporate Renewable Energy Buyers’ Principle and over 83 leading corporations have become part of RE100, a global, collaborative initiative of businesses committed to using 100% renewable electricity.
The subject of the corporate sourcing of renewables — as well as its growing interest — took centre stage at COP22 on Sunday, November 13 in Marrakech, Morocco. Throughout the course of a dedicated session organised by IRENA in collaboration with the Clean Energy Ministerial, RE100 and the World Business Council for Sustainable Development, the potential for corporate sourcing of renewables was further highlighted. Continue reading How Corporates are Taking the Lead in Renewable Energy
Building a renewable energy future will require new ways of thinking about the transformation of energy systems locally, regionally and globally. During a plenary session at the World Climate Summit on 13 November, held on the sidelines of COP22 in Marrakech, Morocco, a diverse panel of speakers discussed the kinds of innovations needed to achieve rapid deployment of renewables – starting now and accelerating deployment through to 2050.
IRENA Director General Adnan Z. Amin introduced the session with the observation that the transformation of the power sector is no longer an issue given that the business case has become so clear and compelling. The greater challenge, he said, lies with finding solutions for transport, heating and cooling, and energy intensive industries. Continue reading Decarbonising the Global Economy: Thinking Differently to Achieve a Renewable Energy Future
One of the sub-themes emerging at this year’s Global Climate Action Agenda Energy Day at COP22, co-organised by IRENA and Sustainable Energy for All, was sustainable transport. Bertrand Piccard, initiator, chairman and pilot of Solar Impulse, the pioneering aircraft that flew around the world powered only by the sun, captured the sentiments of many during the day’s discussions immediately following his participation.
Continue reading [Video] Sustainable Transportation Innovators Speak Out at COP22 Energy Day
“The climate objectives agreed in Paris require nothing less than the radical decarbonisation of the global economy,” said Adnan Z. Amin, IRENA Director-General, speaking before the start of Energy Day at COP22 on November 11.
“Transitioning rapidly to a future fuelled by renewable energy, combined with improving energy efficiency, is the single most effective way to stave off catastrophic climate change while providing citizens with a better quality of life. But the pace and scale of change needs to dramatically increase if we are to fulfil the promise of the Paris Agreement. Governments need to create the necessary policy and finance frameworks to catalyse a groundswell of initiatives, as the private sector develops its own decarbonisation strategies. This is well within our reach,” the Director-General said.
Energy Day was jointly organized by IRENA and Sustainable Energy for All (SEforALL), in cooperation with the Moroccan Agency for Sustainable Energy (MASEN) and the Moroccan Agency for Energy Efficiency. It was one of a series of thematic days hosted by “Climate Champions” Minister Hakima El Haite (Morocco) and Laurence Tubiana (France), held under the auspices of the COP22 Presidency. The full programme and speaker’s lineup can be found here. Continue reading The Transformative Role of Renewable Energy – Energy Day at COP 22