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Finance for Renewables in Developing Countries Is on the Rise
Global finance to developing countries in support of clean and renewable energy reached USD 21.3 billion in 2017.
This almost doubles the level from 2010 when international financial flows were at USD 10...
Renewables at Heart of Reaching Zero Emissions in Industry and Transport
Only seven industry and transport sectors will account for 38% of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the...
The Black Sea Region’s Renewable Energy Potential on the Agenda
In less than a month the energy community will get together online to discuss the renewable energy potential of the Black Sea countries.
The high-level international investment conference Energy Week Black Sea will...
Latin America’s Energy Community Underlines Link Between Energy Transformation and Prosperity
High-level energy and climate decision makers from Latin America and the Caribbean underlined the importance of low-carbon energy policy to securing stable, long-term prosperity across regional economies, during a webinar co-hosted by...
Strong Cooperation and Enabling Policies Can Lead Energy Transformation in Southeast Asia
Meeting future energy demand in the Association of Southeast Asian Nations (ASEAN) is a high priority in the region. With current indigenous fossil fuel resources incompatible with climate and sustainable development goals,...
30 Innovative Solutions Show Path to Renewable-Powered Future
Recently, IRENA has published the full series of 30 Innovation Briefs under its Innovation Landscape report. It is the most comprehensive analysis available on innovation priorities that policymakers must address to successfully...
Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost
Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published yesterday finds. Renewable Power Generation Costs in...
COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide
Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless efforts are scaled up significantly, reveals...
Can Electricity Decarbonize the Energy Sector?
The energy sector currently accounts for two-thirds of global carbon emissions;
Expedited progress on energy efficiency and low-carbon sources in the energy mix is required to achieve deep decarbonization;
As the...
Renewable Energy Can Support Resilient and Equitable Recovery
Advancing the renewables-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, finds the first Global Renewables...
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per...
The Investment Case for Energy Transition in Africa
Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that...
Battery Storage Paves Way for a Renewable-Powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable...
Financing the Global Energy Transformation: Green Bonds
Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to...
New Report Shows Potential of Renewables as a Reliable Power Source in Refugee Settlements
On-site renewable energy solutions can cost-effectively supply refugee communities with low-cost, reliable electricity, according to the findings of a new report by the International Renewable Energy Agency (IRENA) in cooperation with UNHCR,...
Renewable Energy Ambition in NDCs Must Double by 2030
Countries are being urged to significantly raise renewable energy ambition and adopt targets to transform the global energy system in the next round of Nationally Determined Contributions (NDCs), according to a new...