The advancement of affordable and reliable clean energy is not only at the forefront of Asia and the Pacific’s development progress, it is also at the heart of the region’s development of resilient infrastructure and fight against climate change, participants at the Asia Clean Energy Forum (ACEF) 2019 heard today.
Co-hosted by the Asian Development Bank (ADB), the United States Agency for International Development, and the Korea Energy Agency, with the support of the International Energy Agency as the Knowledge Partner, ACEF 2019 is being held from 18–21 June under the theme “Partnering for Impact.” In line with this theme, the event is highlighting the need to focus on collaborative partnerships, ideas, and efforts that have market potential, with the goal of delivering tangible clean energy impact across the Asia and Pacific region.
Some 1,300 people will attend the event, including many from the private sector involved in clean energy development, as well as academicians, officials from governments, and representatives from nongovernment organizations and multilateral development banks. ACEF began in 2006 as an annual event to provide a platform for discussion and collaboration in promoting clean energy in Asia and the Pacific.
ADB President Mr. Takehiko Nakao participated in the opening panel discussion featuring Co-founder and Chief Scientist of the Rocky Mountain Institute Mr. Amory Lovins and Global Strategic Development Advisor and Member of the United Nations High-Level Panel on Women’s Economic Empowerment Ms. Fiza Farhan.
“A sustainable and secure energy supply remains essential as more than 350 million people still lack access to electricity in our developing member countries (DMCs). It is also a key part of the fight against climate change,” said Mr. Nakao. “People around the world are demanding affordable energy, clean air, and a more responsible approach to the environment. ACEF is a leading event in Asia and the Pacific that enables our DMCs and other participants to share their experiences and innovative ways to meet these critical demands.”
Through Strategy 2030, ADB has committed at least 75% of its operations to support climate change mitigation and adaptation efforts by 2030. Climate finance from ADB’s own resources will reach $80 billion for the period 2019–2030. Based on historical trends, ADB’s lending, equity, grants, and programs in support of renewable and energy efficiency could contribute significantly to this target.
ADB has also affirmed its commitment to advanced technologies in sustainable energy by launching its first innovation technology challenge, which will invite technology providers to submit proposals for grants from the High-Level Technology Fund which is supported by the Government of Japan to address energy related development challenges. This new modality aims to build partnerships with technology providers and accelerate innovative technology development and deployment in DMCs.
ACEF 2019 features five thematic tracks based on key elements of Strategy 2030: energy and livable cities; energy and water sustainability; energy and rural poverty alleviation; energy and innovative finance; and clean energy technologies. There will be 21 workshops focusing on a range of topics, including radical energy efficiency, hydro mini-grids, electric vehicles, the empowerment of women in the energy sector, renewable energy systems, the future of cooling, and the food–energy–water nexus.
ACEF 2019 will be limiting its carbon footprint by purchasing carbon credits to offset the travel related emissions of all participants. The event will also be paperless, with all program materials to be made exclusively available on ACEF’s website and mobile app.
IRENA and RES4Africa Partner to Accelerate Renewables in Africa
IRENA and the RES4Africa Foundation have agreed to cooperate to increase the speed of renewable energy development in Africa in the pursuit of the continent’s sustainable development and climate goals. The ‘Letter of Intent’ signed on 15 July 2019 in Rome, will see the two parties work together to explore public-private initiatives, knowledge creation opportunities, capacity building programmes and strategic dialogues to accelerate renewable energy deployment in Africa.
With more than 620 million Africans – nearly half the continent’s population – still without access to electricity, the RES4Africa Foundation works to address the water-energy-food nexus and promote the adoption of renewable energy in Africa. IRENA estimates the continent could meet nearly a quarter of its energy needs from indigenous and clean renewable energy by 2030, but to realise this potential a step-up in renewable energy action is necessary.
“To achieve the sustainable development goals and tackle climate change we must grow the share of global energy supplied by renewables to 50 per cent by mid-century,” said Francesco La Camera, Director-General of IRENA during the signing event. “That requires a significant scale up of renewable energy deployment. Stronger partnerships can accelerate the energy transformation lifting millions of people in rural villages across Africa out of energy poverty and delivering socioeconomic outcomes.”
Growing engagement in Africa
IRENA’s engagement with Africa on renewables dates back to the Agency’s formation nearly a decade ago. A key component of IRENA’s engagement and its effort to promote regional market integration in Africa, has been through the development of the Clean Energy Corridors. IRENA’s work informed the objectives of the African Renewable Energy Initiative (AREI), which now targets to develop 300 gigawatts of renewable energy capacity across the continent by 2030.
IRENA analysis suggests a transformation of Africa’s energy sector with renewables by 2030, would result in carbon-dioxide emission reductions of up to 310 megatonnes per annum and create millions of jobs across the continent.
IRENA Puts Renewables Centre-Stage at UN High- Level Meeting
‘There can be no sustainable development without renewables’ – that was the takeaway from the 17th IRENA Council which concluded recently in Abu Dhabi. It was a message the Agency’s Director-General Francesco La Camera reinforced at every opportunity and a message that will once again take centre-stage during the United Nations High-Level Political Forum (HLPF) on Sustainable Development in New York this and next week.
The UN High-Level Political Forum takes place at the UN Headquarters in New York from 09–18 July 2019. Progress on six of the seventeen Sustainable Development Goals (SDGs) will be reviewed. Renewable energy plays a prominent role in goals being discussed this year, particularly those promoting sustained, inclusive and sustainable economic growth (SDG8); taking urgent action to combat climate change and its impacts (SDG13); and promoting peaceful and inclusive societies for sustainable development (SDG16).
Director-General Francesco La Camera will attend the Forum to engage dignitaries and IRENA members and partners. Mr. La Camera will also participate in a series of high-level discussions on topics including scaling-up climate action through the energy transformation and accelerating the energy transition in small island developing states.
Mr. La Camera will highlight the inter-linkages between the goals under review and access to affordable, reliable and modern energy for all (SDG7), a focus of the last year’s HLPF. The essential role of renewable energy in powering growth, empowering people, and taking climate action will also be emphasised.
IRENA at HLPF
On 16 July, IRENA’s High-level side event on ‘Scaling up climate action through clean energy transitions: Delivering on the Paris Agreement and the SDGs’ will be co-convened by UN DESA, the European Union, and the Permanent Mission to the UN of the Federal Democratic Republic of Ethiopia. Building on findings and outcomes from reports and meetings, including the 2019 Tracking SDG7 Energy Progress Report and Climate Summit preparatory meeting in Abu Dhabi, outcomes from this discussion will feed into the UN Secretary-General’s Climate Action Summit and the SDG Summit in September 2019.
On 17 July, the High-level Side event on Scaling-Up Energy Transition in Small Island Developing States, will mark the launch of the policy brief on ‘Achieving SDG 7 in Small Island Developing States’ and pave the way for the Mid-term Review of the SAMOA Pathway taking place in September 2019. Organised by Saint Lucia, Samoa, Maldives, UN-OHRLLS and IRENA, the event will take stock of energy transition developments and renewable energy uptake in SIDS and explore the vital elements in making progress in the area of sustainable energy.
IEA hosts high-level meeting on technologies for a clean energy future
The International Energy Agency on 11 July hosted a discussion among leading global energy sector figures about technologies that can help to bring about a clean energy future, including hydrogen and nuclear power.
The main speakers at the event were Dan Brouillette, Deputy US Energy Secretary; Jean-Bernard Lévy, Chairman and CEO of EDF; Hiroshi Oe, Japanese Ambassador to the OECD and Chair of the IEA Governing Board; and Dominique Ristori, Director-General Energy at the European Commission.
The discussion at the IEA’s headquarters in Paris was informed by two recent major reports from the IEA: Nuclear Power in a Clean Energy System and The Future of Hydrogen: Seizing Today’s Opportunities.
At a time of profound change in the global energy sector, countries will require all the tools at their disposal to meet their commitments to tackling emissions and air pollution while maintaining energy security.
“I’d like to thank our speakers for the robust and rewarding conversation,” said Dr Fatih Birol, the IEA’s Executive Director, who hosted the event. “There is no miracle technology that will solve the daunting environmental challenges the world faces. We need continued innovation across a range of technologies, including renewables, energy efficiency, batteries, carbon capture and more. The IEA sees hydrogen and nuclear power as important parts of clean energy transitions in many countries, but they need help from governments to overcome significant obstacles.”
Nuclear power is by far the largest source of low-carbon electricity in both Europe and North America, but many of their plants are aging. Without effective policies to spur new investment, advanced economies could lose as much as two-thirds of their nuclear capacity in the next 20 years, threatening global climate goals and energy security.
Hydrogen, which is currently enjoying unprecedented momentum, can help tackle various critical energy challenges. It offers ways to decarbonise a range of sectors where it is proving difficult to meaningfully reduce emissions, including long-haul transport, chemicals, and iron and steel. Hydrogen’s ability to store and transport energy could enable renewables to make a greater contribution to the global energy system. But it has experienced false starts in the past and still faces big challenges to scale up infrastructure and bring down costs.
The meeting on 11 July to discuss these important energy issues highlights the IEA’s role as the world’s leading energy authority and its commitment to covering all fuels and all technologies. Guests included Lithunia’s Minister of Energy Žygimantas Vaičiūnas. Lithuania has requested to join the IEA as a member country and the accession process has begun.
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