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IRENA and GWEC join forces to boost global renewables adoption

IRENA and GWEC join forces to boost global renewables adoption

The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have signed a cooperation agreement to join efforts to increase the adoption and deployment of wind and renewable energy worldwide to achieve net zero emissions by 2050.

This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the Race to Zero Dialogues, a programme to accelerate progress by governments, industry and other key stakeholders to meet the Paris Agreement, convened by the High-Level Champions for Global Climate Action.

IRENA’s Global Renewable Outlook report shows that a Paris Agreement compliant future by 2050 requires transformative changes to policy, behaviour and international cooperation.  Renewable technologies such as onshore and offshore wind, as well as energy efficiency measures, can deliver more than 90 per cent of the emission reductions needed while providing net employment and economic gains in the process.

Both IRENA and GWEC recognise that rapid decarbonisation will require a variety of policy shifts and investments, including intensifying renewable energy commitments, resolving market and regulatory barriers, improving access to finance and expanding the pipeline of bankable projects. Around a third of all new renewable power capacity added in 2019 was from wind power and IRENA data suggests wind, together with solar, will dominate future capacity growth.

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Source: EsiAfrica

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