The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) shows that despite renewables becoming the fastest growing source of power, the world risks missing the tripling renewables target pledged at COP28. To stay the course, the world will now have to grow renewables capacity at a minimum 16.4% rate annually through 2030. The unprecedented 14% increase of renewables capacity during 2023 established a 10% compound annual growth rate (2017-2023). Combined with the constant decreasing additions of non-renewable capacity over the years, the trend sees renewable energy…
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Progress on basic energy access reverses for first time in a decade
Global energy access gap worsens as population growth outpaces new connections: 685 million people living without electricity access in 2022, 2.1 billion people continue to rely on damaging cooking fuels globally. A new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO), released today, finds that the world remains off course to achieve the Sustainable Development Goal (SDG) 7 for energy by 2030. SDG 7 is to ensure access to affordable, reliable, sustainable…
Read MoreLogo Design Contest Launched to Revamp ‘IRENA Youth’ Branding
Since 2018, IRENA has been at the forefront of youth empowerment in the energy transition space, supporting young people globally to contribute effectively towards a renewables-based energy future. To demonstrate its commitment to close collaboration with youth and strengthen young people’s ownership and involvement in IRENA’s youth initiatives, the Agency is inviting young creative minds to help reshape the ‘IRENA Youth’ brand through a logo design contest. The contest offers young creators with a chance to express their creativity and incorporate their identity into the new ‘IRENA Youth’ branding. Each…
Read MoreMajor Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint renewables ambition was announced alongside a grid infrastructure action plan. The plan, revealed at the 14th Assembly of the International Renewable Energy Agency (IRENA), addresses the pressing need to scale and modernise global grid infrastructure to support clean power development and the tripling of renewables by 2030. According to IRENA,…
Read MoreIRENA and Partners Drive Renewables Deployment in Fragile Settings Through UN Peacekeeping Missions
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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