G20 Countries Can Close the Loop for a Circular Steel Sector

 ​ The steel sector is one of the most significant contributors to climate change, responsible for about 7% of global energy-related carbon emissions. In its recent outcome document, the G20, at its Ministerial Environment and Climate Ministers’ Meeting, recognised “that the steel sector is fundamental for comprehensive economic development, especially in developing countries yet its […]

Countries Consolidate Actions to Decarbonise Peacekeeping Operations Ahead of COP28

 ​ The transition of the United Nations (UN) peacekeeping operations to renewable energy offers a unique opportunity for the UN and the countries hosting these operations. By powering the operations with renewables instead of fossil fuels, they can simultaneously deliver on climate, development, peace, and security objectives. To achieve this, Denmark, Norway, the United Arab […]

Diversifying Critical Material Supply Chains Minimises Geopolitical Risks

 ​ New report on the geopolitics of critical materials sees significant concentration in supply chains and calls for collaborative strategies to sustain the energy transition Abu Dhabi, United Arab Emirates, 12 July 2023 – The energy transition requires a dramatic increase in the supply of critical materials, yet their supplies chains remain vulnerable to a […]

IDB Backs IRENA’s ETAF with Potential Investment of up to USD 100 Million

 ​ Through this partnership, the climate financing platform ETAF boosts its ongoing support for public sector renewable projects in Latin America and the Caribbean Washington D.C., United States of America, 11 July 2023 – The Inter-American Development Bank (IDB) today signed an agreement with the International Renewable Energy Agency (IRENA) to join the Energy Transition […]

IRENA and SPC Deepen Collaboration to Accelerate the Pacific’s Energy Transition

 ​ The International Renewable Energy Agency (IRENA) and the Pacific Community (SPC) have strengthened their partnership with a renewed agreement. Both parties agree to promote the acceleration of renewable energy deployment in the Pacific Island countries and territories through the Small Island Developing States (SIDS) Lighthouses Initiative (LHI), which is coordinated by IRENA. The Memorandum […]

Annual Renewable Power Must Triple until 2030

 ​ IRENA’s World Energy Transitions Outlook calls for annual renewable power additions of 1,000 GW on average until 2030 to keep 1.5°C climate target within reach Abu Dhabi, United Arab Emirate, 22 June 2023 – In the first volume of the World Energy Transitions Outlook (WETO) 2023 released today, the International Renewable Energy Agency (IRENA) […]

Powering the Energy Transition with Smart Electrification

 ​ New IRENA report provides governments with toolbox of 100 cutting-edge innovations to decarbonise end-uses and raise ambition at COP28 Abu Dhabi, United Arab Emirates / Brussels, Belgium, 20 June 2023 – Electrifying the use of energy in industry, transport and buildings with renewables is a cost-effective way to decarbonise end-use sectors, increase security of […]

How to Decarbonise End-Use Sectors with Renewable Power?​

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OPEC Fund Partners with IRENA to Accelerate Energy Transition Financing

 ​ Joint News Release Vienna, Austria, 19 June 2023 – The OPEC Fund for International Development (the OPEC Fund) today signed an agreement with the International Renewable Energy Agency (IRENA) to join the Energy Transition Accelerator Financing (ETAF) platform, a global initiative that seeks to mobilise funds for renewable energy investments. The OPEC Fund plans […]

Scaled-up Investments and Enabling Frameworks Will Unlock Offshore Renewables Potential

 ​ The latest climate report by the Intergovernmental Panel on Climate Change states that the international community is very unlikely to limit the global temperature rise to 1.5?C, if immediate action is not taken. Offshore renewables – such as offshore wind and ocean energy – have significant potential to accelerate the global energy transition and […]