More than 1,500 delegates and high-level participants including prime ministers, ministers, heads of international and regional organisations together with leaders from financial institutions and private sector entities will gather in Abu Dhabi tomorrow for the Tenth Session of the International Renewable Energy Agency (IRENA) Assembly. The decision makers will come together to accelerate the uptake of renewable energy and advance the global energy transformation.
“As the lead intergovernmental agency for the energy transformation, IRENA and its Assembly, will endeavor to set in motion a decade of rapid energy sector development to ensure that renewables support a new age of universal energy access, sustainable economic growth and climate action,” said IRENA Director General Francesco La Camera. “There is no question we are moving in the right direction but a significant increase in the speed of transformation is critical to global development.
“This Assembly also marks an important moment in the Agency’s evolution. The need for multilateral cooperation and long-term decision making has never been greater in the context of energy planning,” continued Mr. La Camera. “The 10th Assembly will engage women and youth, address low-carbon investment needs, discuss climate and energy policy and explore emerging technology options, to promote actionable outcomes that advance energy transformation.”
The 10th Assembly takes place at an important time in the pursuit of global goals aimed at addressing key social needs and climate change whilst building sustainable economic outcomes. With renewable energy recognised as a central contributor to the achievement of several development objectives delegates will discuss issues related to renewable energy policy, investment and technology. The Assembly will be presided over by Uganda’s Deputy Prime Minister, H.E. Ally Kirunda Kivejinja.
A day of preliminary meetings and discussions will take place on 10 January including the IRENA Legislators Forum, a High-Level Meeting on the Geopolitics of the Global Energy Transformation and a High-Level Meeting on Accelerating the Energy Transformation in Small Island Developing States.
Youth will feature on the agenda for the first time at an IRENA Assembly. The Agency will invite young people from around the world to the first IRENA Youth Forum, offering young people an opportunity to make concrete contributions to the global energy discourse and stay informed on developments in the renewable energy sector.
Across the two main days of the Assembly on January 11-12, three ministerial discussions will cover issues that are central to the acceleration of sustainable sources of energy. The ministerials will cover financing the climate response together with climate and energy policy making, the potential of green hydrogen to decarbonise hard-to-reach sectors such as transportation and industry, and hydropower. Additionally, the countries selected as recipients of project funding under the 7th cycle of the IRENA/ADFD Project Facility will be announced, and three loan agreements will be signed.
A high-level dinner celebrating the role of women in the renewable energy sector will feature. The evening session will include the launch of a new publication on the role of women in the wind energy sector, presented by IRENA in collaboration with the Global Wind Energy Council and Global Women’s Network for the Energy Transition.
The Assembly takes place at the beginning of Abu Dhabi Sustainability Week (ADSW) and precedes the World Future Energy Summit (WFES), a global gathering of energy leaders and decision makers. Throughout the week, IRENA will host and participate in a series of events and discussions across a range of topics.
More about IRENA’s participation during the World Future Energy Summit
Renewable Energy Jobs Continue Growth to 11.5 Million Worldwide
Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA) today. The seventh edition of Renewable Energy and Jobs – Annual Review shows that jobs in the sector reached 11.5 million globally last year, led by solar PV with some 3.8 million jobs, or a third of the total.
“Adopting renewables creates jobs and boosts local income in both developed and developing energy markets,” said IRENA’s Director-General Francesco La Camera. “While today we see a handful of countries in the lead, each country can harness its renewable potential, take steps to leverage local capabilities for industrial development, and train its workers.”
Last year, sixty-three per cent of all renewables jobs were recorded in Asia, confirming the region’s status as a market leader, the new report reveals. Biofuels jobs followed closely behind solar PV, reaching 2.5 million. Many of these jobs are in the agricultural supply chain, particularly in countries like Brazil, Colombia, Malaysia, the Philippines and Thailand, with labour-intensive operations. Other large employers in the renewables sector are the hydropower and wind industries, with close to 2 million and 1.2 million jobs, respectively.
Renewables jobs have shown more inclusion and a better gender balance than fossil fuels. The report highlights that women held 32 per cent of total renewables jobs, as opposed to 21 per cent in fossil fuels sectors.
Although precise estimates remain scarce and absolute numbers are small for now, off-grid renewables are creating growing employment, led by solar technology. Decentralised renewable energy can also propel productive uses in rural areas. This job multiplier effect can be seen in farming and food processing, healthcare, communications, and local commerce.
Comprehensive policies, led by education and training measures, labour market interventions, and industrial policies that support the leveraging of local capacities, are essential for sustaining the renewables jobs expansion.
The 2020 edition of the Annual Review highlights promising initiatives to support the education and training of workers. Such efforts revolve around vocational training, curricula-building, teacher training, the use of information and communications technology, promotion of innovative public-private partnerships, and recruitment of under-represented groups such as women.
Policymakers must also prioritise reskilling for fossil fuel sector workers who have lost or are at risk of losing their livelihoods. Many have considerable skills and expertise to contribute to a reoriented, clean energy industry.
The world has seen encouraging growth in renewables jobs. But it can bring about much larger employment by adopting a comprehensive policy framework that drives the energy transition. Never has the importance of such a push been clearer than at this momentous juncture. Even as the world is still dealing with the COVID-19 pandemic, humanity receives near-daily reminders of what lies in store if we fail to address the gathering climate disruptions.
The need to chart a different course is undeniable, as are the benefits to be reaped. IRENA’s recently-released Post-COVID Recovery Agenda found that an ambitious stimulus programme could create up to 5.5 million more jobs over the next three years than a business-as-usual approach. Such an initiative would also allow the world to stay on track for creating the 42 million renewables jobs that the agency’s Global Renewables Outlook projects for 2050.
Read the full report
Pakistan Making Shift to Clean Power Production and Lower Energy Costs
Today, the World Bank’s Board of Executive Directors approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production.
The Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project will help shift the national energy mix to domestic clean resources by investing in renewable energy generation, including hydropower and solar, in Khyber Pakhtunkhwa province. It will also help strengthen energy sector institutions to better manage a growing portfolio of renewable energy projects across the province.
“This project supports Pakistan’s goal to become a low-carbon, renewable energy-reliant economy by 2030 and contributes to its national target in reducing greenhouse gas emissions to combat climate change,” said Najy Benhassine, World Bank Country Director for Pakistan. “It will facilitate the expansion of renewable energy in Khyber Pakhtunkhwa by identifying and preparing solar and hydropower projects that are technically sound, environmentally and socially sustainable, and investment ready.”
The project will provide low-cost and low-carbon electricity to consumers and will support the economic development of those communities near the hydropower and solar projects by revitalizing infrastructure, creating jobs, and supporting the development of tourism activities.
“To scale up renewable energy in Khyber Pakhtunkhwa, the project includes a comprehensive skills training program to build technical capacity in identifying investment opportunities, preparing projects, and mobilizing commercial financing,” said Mohammad Saqib, Task Team Leader for the Khyber Pakhtunkhwa Hydropower and Renewable Energy Development project. “In addition, by installing solar photovoltaic systems onto hydropower assets, production capacity is expected to rise and generate greater return on investments.”
The world needs to build on the growing momentum behind carbon capture
After years of slow progress, technologies to capture carbon emissions and store or reuse them are gaining momentum, a trend that will need to accelerate significantly for the world to achieve its energy and climate goals, according to a new special report released by the IEA today.
The report, CCUS in Clean Energy Transitions, is being launched at an IEA online event opened by Prime Minister Erna Solberg of Norway, whose government announced a major funding commitment this week for a new carbon capture project that can help tackle emissions from Norway and neighbouring countries.
Carbon capture, utilisation and storage (CCUS) is the only group of technologies that contributes both to reducing emissions in key sectors directly and to removing CO2 from the atmosphere to balance the emissions that are the hardest to prevent – a crucial part of reaching the net-zero emissions goals that a growing number of governments and companies have set for themselves.
Part of the IEA’s Energy Technology Perspectives Series, the new IEA report is the most comprehensive global study on CCUS to date. It assesses the state of play of CCUS technologies and maps out the evolving and expanding role they will need to play to put global emissions on a sustainable trajectory. It includes a detailed analysis of CO2 emissions from power and industrial facilities in China, Europe and the United States and potential for storing them.
“The scale of the climate challenge means we need to act across a wide range of energy technologies. Carbon capture is critical for ensuring our transitions to clean energy are secure and sustainable,” said Dr Fatih Birol, the IEA Executive Director.
“In order to develop and deploy carbon capture and storage as a technology for the future we need investments in solutions and facilities in many regions and countries,” said Prime Minister Solberg. “CCUS will be necessary on a global scale if we are to meet the Paris Agreement. And we must start now.”
“Norway has been a global leader in researching, developing and implementing carbon capture technologies, as demonstrated by its major funding commitment this week to the impressive Longship project, which can help not just Norway but other European countries reduce their emissions,” Dr Birol said. “The IEA is delighted and honoured that Prime Minister Solberg is taking part in the launch of our new report that will help inform policy-making on CCUS around the world.”
Plans for more than 30 commercial CCUS facilities have been announced globally in the last three years. And projects now nearing a final investment decision represent an estimated potential investment of around USD 27 billion – more than double the investment planned in 2017. This portfolio of projects is increasingly diverse and would double the amount of CO2 captured globally.
The report sets out the four main ways that CCUS technologies contribute to clean energy transitions:
- Tackling emissions from existing energy infrastructure such as power and industrial plants;
- Providing a solution for some of the most challenging emissions from heavy industries like cement and chemicals, as well as from aviation;
- Offering a cost-effective pathway for low-carbon hydrogen production in many regions;
- Removing CO2 from the atmosphere.
Although CCUS facilities have been operating for decades in certain industries like natural gas and fertilisers, they are still at an early stage of development in key sectors such as cement. These are the areas where CCUS technologies are particularly important for tackling emissions because of a lack of alternatives.
“Action from governments will be essential for establishing a sustainable and viable market for CCUS,” Dr Birol said. “But industry must also embrace the opportunity. No sector will be unaffected by clean energy transitions – and for some, including heavy industry, the value of CCUS is inescapable. As our new report demonstrates, the IEA is committed to leading CCUS analysis and policy advice worldwide – and to bringing together governments, companies and other key players to work together to achieve our shared energy and climate goals.”
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