Irena members back global forum on energy transition

  • Date: 23-Jan-2021
  • Source: Trade Arabia
  • Sector:Oil & Gas
  • Country:Middle East
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Irena members back global forum on energy transition

The International Renewable Energy Agency (Irena) said its members have overwhelmingly approved the establishment of a new, vision-building global high-level forum on energy transition, using its knowledge and convening powers to centre-stage energy transitions at the heart of an effective post-Covid recovery. 

 

The decision comes following the conclusion of the Irena's annual assembly which brought together over 2,000 participants including members and partners for a virtual four-day meeting last week.

 

To maintain the political momentum for green recovery in 2021, the new forum intends to accelerate energy transition action from countries, industry, business, investors, academia and visionaries. 

 

It will focus on three overarching themes for 2021 such as building recovery efforts on energy transition, increasing renewables in health and food as well as driving net-zero strategies in line with the Paris Agreement.

 

The Forum is expression of countries' reaffirmation of the Agency's strategic mandate entrusted in 2018 to lead on energy transitions and reflects the crucial role renewable energy plays in meeting development and climate goals as outlined in Irena's post-Covid recovery: An agenda for resilience, development and equality. 

 

Open to its 163 members and 21 states in accession, the forum will be presided by the President of the Assembly and convened at least once