Climate Investment Platform: Plugging the Energy Investment Gap in Developing Countries

IRENA and Climate Investment Platform partners are working closely to advance renewables deployment efforts in developing countries. Access to renewable energy finance remains a key challenge for developing nations. While many countries across Africa, Asia and Small Island Developing States remain highly disadvantaged by a lack of adequate energy infrastructure, …

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 page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a …

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 take place on a virtual event platform on 29-30 September bringing together the autorities, project operators of …

Partnership Between UNEP and ReNew Power to Increase Access to Clean Energy in India

India’s largest renewable energy company, ReNew Power, and the UN Environment Programme (UNEP) have signed a partnership agreement to promote increased access to renewable energy and improved energy efficiency. The strengthened partnership between the two parties – who signed the Memorandum of Understanding (MoU) on 10th July 2020 in Delhi- …

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 the International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE). The virtual meeting entitled Accelerating …

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, and the COVID-19 pandemic causing fuel price volatility and economic uncertainty, the region can now seize the moment …

BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims to have increased its annual low carbon investment 10-fold to …