1 minute read

MoU for global commitment ahead of COP28

The Global Renewables Alliance and the IRENA signed an MoU to create a unified vision for a rapid, sustainable, affordable and inclusive energy transition.

Advertisement

The partnership will have a laser-targeted focus on ensuring the delivery of renewable energy around the world, and ensure policymakers work to remove the bottlenecks that could hinder the rapid growth in renewable capacity that the world needs to stay on the 1.5°C pathway.

COP28 represents the last major chance for the world to get back on track to meet climate goals.

The organisations will collaborate on a series of position papers, policy recommendations and events, culminating in activities and crucial, actionoriented discussions at a dedicated hub that puts renewable energy at the very centre of discussions in COP28, Dubai. The work carried out at this hub will deliver leadership and decision making to ensure genuine implementation.

Bringing collaboration between governments, industry and other key stakeholders from all parts of the world to the heart of COP28 will ensure no one is left behind and holistic, clean energy solutions can deliver a path to sustainable development for the whole world.

The two organisations are also collaborating on raising awareness and accelerating high impact corporate sourcing of renewable energy, specifically hourly matching (24/7 CFE).

International Renewable Energy Agency director general Francesco La Camera said: “Now more than ever we must redesign international cooperation and enhance closer collaborations with major players to accelerate and scale up the energy transition. It is a pleasure to take this significant step with the alliance, as some of its founding members have been an active part of IRENA Coalition for Action’s family. I am convinced that this new partnership with leading voices of renewables will catalyse tangible commitments at COP28 and beyond, further amplifying our joint efforts to get the transition back on track.”

EUROPE'S BIGGEST GAS SUPPLIER EQUINOR