The 360 Gigawatts Reason to Boost Finance for Energy Storage Now
Our world has a storage problem. As the technology for generating renewable energy has advanced at breakneck pace – almost tripling globally between 2011 and 2022 – one thing has become clear: our ability to tap into renewable power has outstripped our ability to store it. Storage is indispensable to the green energy revolution. […]
2024 update: takeaways from Cop28
At the end of 2023, Dubai hosted the historic 28th Conference of the Parties to the UN Framework Convention on Climate Change. As the first conference of its kind to take place in a major oil producing region – the Middle East – there was much speculation as to how it would be possible to […]
Tripling Renewables is Key to Meeting Climate Goals
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Innovative Policymaking is Crucial to Drive Green Hydrogen Market and Ensure its Sustainable Production
According to the International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook 2023, the most realistic way to course correct the 1.5°C Pathway is by tripling renewable energy and the doubling of energy efficiency by 2030. Green hydrogen has an important role to play in helping reach of that target. Over the last few […]
IRENA-WTO report highlights role of trade in developing green hydrogen markets
A joint report by the International Renewable Energy Agency (IRENA) and WTO published on 9 December provides insights on global hydrogen trade and related policies for scaling up production. Hydrogen produced exclusively from renewable power – known as green hydrogen – is widely recognised as a key pillar in replacing fossil fuels and decarbonizing […]
Three Youth Entrepreneurs Honoured with IRENA’s NewGen Rising Stars Award
[[{“value”:” Young business leaders from IRENA’s NewGen Renewable Energy Accelerator Programme are recognised for their unique sustainability solutions at COP28. Dubai, United Arab Emirates, 9 December 2023 – The International Renewable Energy Agency (IRENA), supported by the United Arab Emirates, announced today three recipients of the newly established IRENA NewGen Rising Stars Award. Earlier this […]
New Report Highlights Renewables as Climate Mitigation and Economic Diversification Opportunity for Gulf Countries
[[{“value”:” GCC countries can maintain a key role in global energy markets by exploiting their cost-effective renewable potential, spurring investment, and expanding innovation. Dubai, United Arab Emirates, 6 December 2023 – Today, the International Renewable Energy Agency (IRENA) unveiled a report on the progress of renewable energy in countries of the Gulf Cooperation Council (GCC). […]
GOWA’s Ambitious Offshore Wind Target Can Contribute to the Tripling Renewables Target by 2030
[[{“value”:” At COP28, global leaders committed to tripling renewable power capacity by 2030, following the recommendations of IRENA’s flagship report World Energy Transitions Outlook 2023. Amongst renewable energy sources, offshore wind plays a significant role in accelerating the energy transition and achieving the tripling target. According to the report, the world must install nearly 500 […]
Members of Alliance for Industry Decarbonization Commit to Cut Emissions by Over 50% by 2030
[[{“value”:” CEOs of over 60 industry partners step up efforts to combat climate change through joint targets in renewables, green energy technologies, human skills, and finance at COP28. Dubai, United Arab Emirates, 5 December 2023 – Over 60 top executives and knowledge partners of the Alliance for Industry Decarbonization (AFID) held a roundtable at COP28 […]
Renewables Receive Major Boost with Pledges to IRENA’s ETAF Platform Exceeding USD 4 Billion
[[{“value”:” By surpassing its COP28 target fourfold, the Energy Transition Accelerator Financing Platform (ETAF) signals strong momentum for renewable energy financing in developing countries Dubai, United Arab Emirates, 5 December 2023 – Today, with the addition of four new partners, financial pledges towards the International Renewable Energy Agency’s (IRENA) ETAF platform reached USD 4.05 billion, […]
