09 April 2019 | Articles
The Pan-Arab Renewable Energy Strategy adopted in 2013 represents a consensus across the League of Arab States on pursuing a sustainable energy future. The strategy calls for large-scale development of the Arab region’s enormous renewable energy potential, including resources for renewable electricity generation, by the year 2030.
Pan-Arab Renewable Energy Strategy 2030: Roadmap of Actions for Implementation, published by the International Renewable Energy Agency (IRENA) in partnership with the 22-member League and the Cairo-based Regional Centre for Renewable Energy and Energy Efficiency (RCREEE), highlights the actions needed to attract investments in the sector.
The study proposes a Pan-Arab Clean Energy initiative to scale up renewable energy in the region’s power-generation systems. Achieving this will depend in part on opening up the market, through grid access for independent power producers, tools to facilitate financing, and efforts to build private sector capacities for accelerated renewable energy deployment.