The signed a Memorandum of Understanding (MoU) aims to forward the renewable energy agenda through improved access to finance, policy frameworks and energy literacy.
Renewable energy holds the key to most of the options available to reach zero emissions in industry and transport, IRENA’s new report “Reaching Zero with Renewables” shows.
International financial flows to developing countries in support of clean and renewable energy reached USD 21.3 billion in 2017, almost double the level in 2010.
Identifying the opportunities for technology innovation and digitalisation to unlock Africa’s energy and economic potential was the theme of a virtual discussion hosted by IRENA and the Africa Renewable Energy Initiative (AREI).
Concerted action beyond planned policies can achieve zero emissions in heavy industry and transport by around 2060, a key requirement to limit global temperature rises to 1.5°C. The use of renewables will be central, accelerated through the rapid falls in technology and power costs.