15 November 2021 | Articles
Action to reduce the impact of climate change is critical. The Paris Agreement sets a goal to limit the increase in global average temperature to well below 2°C above pre-industrial levels and to attempt to limit the increase to 1.5°C. Implicit in these goals is the need for a transition to a low-carbon energy sector, which accounts for two-thirds of global emissions. Renewable Energy, coupled with energy efficiency gains, can provide 90% of the CO2 emissions reductions needed by 2050.
Renewable energy is therefore a key component of Nationally Determined Contributions (NDCs) – the central implementation tool for countries under the Paris Agreement. At present, the level of detail contained in NDCs differs from country to country, with little in-depth analysis and limited quantitative information about the role of renewable energy in meeting greenhouse gas (GHG) emission reduction targets. In this regard, IRENA intends to leverage its existing work on renewable energy potential and socio-economic benefits, as well as its robust data portfolio to develop a comprehensive framework for NDC analysis and implementation support.