The International Renewable Energy Agency (IRENA) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have strengthen their existing cooperation by signing a cooperation agreement to further increase common engagement. Main areas of cooperation are the promotion of the energy transition, supporting investment in renewable energy and a global green economy in pursuit of promoting sustainable development.
Another important emphasis will be on advancing energy planning in support of clean energy transition. Investment in the energy sector has long-ranging consequences. Having a robust, long-term energy scenario based on planning is critical, also to seize opportunities and avoid potential risks. Planning the energy transition brings socio-economic benefits, reduces costs, and can unlock innovation and investment.
Under the current network for long-term energy scenarios, IRENA and GIZ will support countries in building up and strengthening local skills. The collaboration will also support the dissemination of best practices among national energy planning practitioners.
“GIZ is a crucial partner for many developing countries and emerging economies and has been supporting sustainable energy and energy transitions for many years”, IRENA Director-General La Camera said.
“With its strong local presence in many countries, GIZ is an ideal partner for IRENA and we are looking forward to further deepening our cooperation”, he added.