Leveling the playing field for renewable energy technologies

While global cooperation and coordination is critical, domestic policy frameworks must urgently be reformed to streamline and fast-track renewable energy projects and catalyze private sector investments.

Technology, capacity and funds for renewable energy transition exist, but there needs to be policies and processes in place to reduce market risk and enable and incentivize investments – including through streamlining the planning, permitting and regulatory processes, and preventing bottlenecks and red tape. This could include allocating space to enable large-scale build-outs in special Renewable Energy Zones.

Nationally Determined Contributions, countries’ individual climate action plans to cut emissions and adapt to climate impacts, must set 1.5C aligned renewable energy targets – and the share of renewables in global electricity generation must increase from today’s 29 percent to 60 percent by 2030.

Clear and robust policies, transparent processes, public support and the availability of modern energy transmission systems are key to accelerating the uptake of wind and solar energy technologies.

(Learn More: United Nations- Climate Action)

Four key climate change indicators – greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification – set new records in 2021. This is yet another clear sign that human activities are causing planetary-scale changes on land, in the ocean, and in the atmosphere, with dramatic and long-lasting ramifications.”

UN Secretary-General António Guterres

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *