The world’s leading renewable energy groups, the Global Renewables Alliance and the International Renewable Energy Agency (IRENA), have signed a Memorandum of Understanding (MoU) to drive a swift, sustainable, affordable, and inclusive energy transition. This partnership aims to ensure the global adoption of renewable energy by addressing bottlenecks and promoting rapid growth in renewable capacity.
COP28, a crucial opportunity to realign with climate goals, will be the focal point for collaborative efforts. Through the creation of position papers, policy recommendations, and events, the organizations will advocate for renewable energy at a dedicated hub in COP28, held in Dubai. This pioneering hub will facilitate action-oriented discussions, emphasizing the importance of renewable energy in achieving sustainable development worldwide.
In addition to policy initiatives, the alliance will focus on raising awareness and accelerating corporate sourcing of renewable energy, particularly through hourly matching for continuous clean energy supply.
Francesco La Camera, Director-General of IRENA, expressed the significance of international cooperation and collaboration in scaling up the energy transition. He highlighted the partnership’s potential to catalyze tangible commitments at COP28 and beyond, amplifying joint efforts to get the transition back on track.
Bruce Douglas, CEO of the Global Renewables Alliance, stressed the urgency of renewable energy deployment and emphasized the need for industry and governments to collaborate for accelerated progress. The alliance looks forward to working hand in hand with IRENA to ensure that COP28 delivers the renewable pathway the world urgently requires.