Tag: IRENA

IRENA and Partners Drive Renewables Deployment in Fragile Settings Through UN Peacekeeping Missions

Stuart Mitchell

Launched at the 13th IRENA Assembly in 2023, the United Nation (UN)’s Energy Compact on Renewable Energy for Peacekeeping seeks to reduce the peacekeeping missions’ environmental footprint while improving energy access and supporting the achievements of parts of host countries’ Nationally Determined Contributions. Focusing on improving effectiveness and operational resilience with increased use of renewables, the Compact was further reinforced by the countries’ consolidated actions aimed at decarbonising peacekeeping operations. In the framework of the Energy Compact, partners are promoting the use of renewables in peace-keeping missions, aligned with the…

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IRENA-WTO report highlights role of trade in developing green hydrogen markets

Stuart Mitchell

A joint report by the International Renewable Energy Agency (IRENA) and WTO published on 9 December provides insights on global hydrogen trade and related policies for scaling up production. Hydrogen produced exclusively from renewable power – known as green hydrogen – is widely recognised as a key pillar in replacing fossil fuels and decarbonizing sectors that cannot easily be electrified, such as some industrial processes, shipping and aviation. The energy transition will require a fast increase in the production of green hydrogen. IRENA estimates that hydrogen and its derivatives would…

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IFC Partners with IRENA; Pledges $1 Billion to Scale Up Renewable Energy Projects

Stuart Mitchell

The International Finance Corporation (IFC) recently signed a partnership agreement with the International Renewable Energy Agency (IRENA) and pledged $1 billion to accelerate the transition to clean energy in emerging markets. With this partnership, IFC joins the Energy Transition Accelerator Financing Platform (ETAF), a climate finance mechanism managed by IRENA that advances the global energy transition in IRENA member countries. IFC will bring its expertise to ETAF, increasing the flow of private capital towards ETAF projects, while IRENA will leverage its membership to attract project proposals through the platform. “We…

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IRENA and World Meteorological Organization Launch Report on Renewable Energy and Climate Variability

Stuart Mitchell

The International Renewable Energy Agency (IRENA) and World Meteorological Organization (WMO) have released their first joint report to strengthen understanding of renewable energy resources and their intricate relationship with climate variability and change. It seeks to inform policymaking and hasten the transition away from polluting fossil fuels and towards a cleaner, greener energy future. The report, launched at COP28 in Dubai today, highlights the key role of weather and climate information and services in meeting the untapped potential and challenges in the transition to renewable energy. Renewables now dominate new…

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Renewables Jobs Nearly Doubled in Past Decade, Soared to 13.7 Million in 2022

Stuart Mitchell

Worldwide employment in renewable energy reached 13.7 million in 2022, an increase of one million since 2021 and up from a total of 7.3 million in 2012, according to a new report by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The tenth edition of Renewable Energy and Jobs: Annual Review 2023, is the product of a continuing collaboration between the two agencies. The report found that renewable energy is attracting increasing investment, leading to job creation in a growing number of countries. However, as in…

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