Global agencies advocate for stronger international partnerships in clean energy, ET EnergyWorld

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New Delhi: A joint report from the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA) and the United Nations Climate Change High-Level Champions underscores the necessity for countries to strengthen international collaboration on technologies and markets in sectors including power, transport, industry, and agriculture.

Released ahead of Climate Week NYC, the Breakthrough Agenda Report focuses on the transition to clean technologies and sustainable solutions in sectors that account for more than 60 per cent of global greenhouse gas emissions. The report provides a series of recommendations aimed at boosting cooperation in areas like financial and technical assistance, market creation, and research and development.

The report notes that while investments in clean energy technologies are rising, sectors such as steel, hydrogen, and agriculture are lagging behind in making the necessary transitions. It states that electric passenger cars are poised to make up 18 per cent of total car sales by 2023.

The Breakthrough Agenda, initiated at COP26 in Glasgow in 2021, has been signed by 48 countries that collectively represent nearly 80 per cent of the global economy. The annual report aims to make clean technologies and sustainable solutions more affordable, accessible, and attractive across sectors.

While acknowledging progress in financial assistance to developing countries and collaborative research initiatives, the report highlights the need for more robust efforts in aligning policies to create demand for clean technologies. It calls for a move from softer to more concrete forms of collaboration, such as aligning standards and policies, to mobilize higher levels of investment.

Fatih Birol, Executive Director of the IEA, stated, “No country can tackle the climate and energy challenges we face in isolation. Working together is the only way we can deliver a smooth transition for everyone.”

Francesco La Camera, Director-General of IRENA, noted that renewables constituted nearly half of global power generation in 2022 but emphasized that this pace must triple by 2030 to maintain a 1.5°C target.

Officials from the United Nations also called for more significant collective efforts to align international trade and mobilize investments in line with the Sustainable Development Goals and climate targets.

The report sets a clear agenda that robust international collaboration is essential for accelerating the global transition to clean energy and sustainable living.

  • Published On Sep 15, 2023 at 05:22 PM IST

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