🔈Julia Souder Chief Executive Officer at Long Duration Energy Storage Council (LDES Council) and Chair of the Global Renewables Alliance (GRA), stated: "Achieving 1.5 terawatts of energy storage by 2030 is essential to secure a sustainable energy future! 💡This target represents not just a milestone but a commitment to accelerate renewable energy deployment and provide the storage solutions needed to empower and strengthen economies worldwide." 🤝With bold goals like these, the path to a sustainable, resilient future is clear. Let's make it happen together! #GreeceatCOP #COP29
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🌍🚨 Just released yesterday at #COP29: International Renewable Energy Agency (IRENA)’s 𝐖𝐨𝐫𝐥𝐝 𝐄𝐧𝐞𝐫𝐠𝐲 𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟐𝟒 report reveals a critical reality — 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐧𝐞𝐫𝐠𝐲 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐬 𝐧𝐨𝐭 𝐞𝐧𝐨𝐮𝐠𝐡 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐭𝐡𝐞 𝟏.𝟓°𝐂 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐭𝐚𝐫𝐠𝐞𝐭. Despite record growth in renewables in 2023, investments remain highly concentrated in a few regions, leaving much of the world behind. Read the full report here https://lnkd.in/dg_RXX2h or a brief recap below: 1️⃣ The world needs to triple renewable power capacity and double energy efficiency by 2030 to stay on track 2️⃣ A massive $47 trillion is required in investments from 2024 to 2030 in the energy sector, including renewables, energy grids, efficiency, and conservation 3️⃣ Collaboration is key to channelling much-needed funds to less developed countries, ensuring an inclusive transition that leaves no one behind #EnergyTransition #Renewables #Sustainability #ClimateAction #COP29 #Decarbonization #NetZero #ClimateResilience #EnergyEfficiency #RenewableInvestments #GlobalCollaboration #JustTransition #EnergyInnovation #ZeroEmissions #SustainableGrowth #GreenEconomy #FutureOfEnergy
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COP29 has concluded in Baku, delivering promising steps forward for renewable energy in Central Asia and the Caucasus. From Azerbaijan’s $2 billion green energy investments to cross-border collaborations focused on renewable integration, the region is making strides toward a sustainable energy future. However, the challenges remain significant, with fossil fuel projects still outpacing renewables. With its abundant natural resources and growing international cooperation, this region holds immense potential for driving the global energy transition. Let’s watch how these commitments unfold! #renewable #COP29
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🌍 As we look toward COP29, the future of renewable energy finance is at a pivotal moment. This year’s agenda promises to address critical issues around financing sustainable energy transitions, technology advancements, and regulatory shifts. At Broadreach Energy, we’re closely following these discussions to understand their implications for businesses investing in renewable solutions. COP29 could shape industry priorities for years to come, especially in mobilizing capital and refining policies to support a clean energy future. Read more on what to expect on the COP29 2024: https://bit.ly/4f6Cc7U Stay tuned for our insights on how these global initiatives could transform the renewable landscape. #COP29 #RenewableEnergy #BroadreachEnergy #SustainableFinance
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𝗩𝗮𝗹𝗲𝗻𝘁𝗶𝗻𝗲'𝘀 𝗗𝗮𝘆 𝗺𝗲𝘀𝘀𝗮𝗴𝗲 ( 𝗮𝗻𝗱 𝗪𝗼𝗿𝗹𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 𝗗𝗮𝘆) – 𝗮 𝗹𝗼𝘃𝗲 𝗹𝗲𝘁𝘁𝗲𝗿 𝘁𝗼 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲𝘀! As part of COP28, KPMG focused on a small number of critical themes, including the global ambition to treble renewable energy capacity by 2030 and how we might overcome the very real barriers to achieving this critical objective. I am delighted to share a webcast of our session on this topic at COP28 below. Now that we are looking forward to COP29 later this year and various other important milestones, the focus for my colleagues Anish De, Simon Virley, Franceli Jodas, our global renewable energy network and me is on assisting our clients in scaling up their renewable energy ambitions and to continue to contribute to the global agenda – with a particular focus on the Global South and making this a just transition for all! I am always reminded of the famous Winston Churchill annotation: “Action this day!” Nowhere is this more true than the need to accelerate action on renewable energy development. https://lnkd.in/exG7rQ47 Anish De Simon Virley Franceli Jodas John McCalla-Leacy Wafa Jafri Katherine Neal Blue Adrian Scholtz Massimo Mondazzi Sammy Ahmed Jade Borella Lyndie Dragomir Anvesha Paresh Thakker Wen Bin Lim Bridget Beals Goran Mazar Rob Fisher Derek Lee 沈莹 Daisy Shen Jim Barry Vaishali Nigam Sinha Ben Wilson #KPMGESG #WorldEnergyDay #RenewableEnergy #COP28 #COP29 #JustTransition #ClimateAction #SustainabilityLeadership #CleanEnergy #ClimateChange #EnvironmentalJustice #EnergyTransition #GreenEconomy
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Day two at COP29 focused on Energy, Peace, Innovation, and digitalisation, featuring key announcements and commitments essential for accelerating the energy transition towards a net zero economy. Our KPMG experts have analysed the developments, including grid and energy storage advancements and cross-border partnerships for renewable energy investments. Explore the full article at https://ow.ly/EEg150U85lh and reach out to discuss what these developments mean for your business. #COP29
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⚡BREAKING: At the #G20 Summit in Rio de Janeiro, leaders of the United Kingdom and Brazil officially launched the Global Climate Power Alliance with the goal of meeting the #COP28 commitments to triple renewable energy and double energy efficiency. The effort will involve “missions” to address critical energy transition challenges. Brazil, Australia, Barbados, Canada, Chile, Colombia, France, Germany, Morocco, Norway, Tanzania, the African Union are the first countries to sign up to its first mission. Read the full statement from Jennifer Layke, Global Energy Director, World Resources Institute👉 https://bit.ly/4hYCqjf #CleanEnergy #COP29 #GreenEnergy #Renewables #RenewableEnergy #EnergyEfficiency #EnergyTransition
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The first-ever Global Renewables Summit, held during #ClimateWeekNYC, gathered global energy leaders to advance the collective mission of tripling renewable energy deployment by 2030, as outlined in the #COP28 commitment to #3xRenewables. This landmark event marked a critical milestone in addressing climate change and scaling up sustainable energy solutions worldwide. The summit focused on identifying actionable strategies to accelerate the transition to renewable energy, a key objective for mitigating global warming and enhancing energy security. Leaders from governments, international organizations, and private sectors convened to explore opportunities, share innovative solutions, and foster collaboration. One of the primary themes was mobilizing finance to support large-scale renewable energy projects, especially in developing economies. Stakeholders emphasized the need for increased public and private investment, policy reforms, and technological innovations to enable a swift energy transition. The summit highlighted the urgency of aligning financial flows with renewable energy goals to meet the global climate objectives by the end of the decade. Many discussions centered on facilitating financing mechanisms, including green bonds, public-private partnerships, and international funding programs, to bridge the investment gap for renewable projects. Additionally, the summit showcased technological advancements in wind, solar, and hydro energy, while exploring the potential of emerging energy technologies such as hydrogen and battery storage. In conclusion, the Global Renewables Summit succeeded in advancing critical dialogues and laying the foundation for future actions to scale up renewable energy deployment. As the world moves toward #COP28, this event reaffirmed the commitment of global leaders to achieve the ambitious target of tripling renewables by 2030. #ClimateAction #SustainableEnergy #RenewableEnergy
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Accelerating the Energy Transition, One Project at a Time.👨🔧 At Leapfrog Project, we're not just talking about a sustainable future; we are helping YOU build it! Our AI-powered platform connects project owners with essential resources such as funding and technical expertise, catalysing the development of renewable energy projects globally! Let's connect at COP29 Azerbaijan to discuss: - How Leapfrog can help you realise your renewable energy project. - The latest trends and innovations in the renewable energy sector. - The role of technology in addressing climate change. #COP29 #ClimateAction #RenewableEnergy #Innovation #LeapfrogProject
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#Wesupport the #campaign for #3xRenewables ''A call initiated by Global Renewables Alliance to #tripleglobalrenewablenergycapacity by 2030'' and also the second phase of this important green campaign ''Its #Time4Action time that delivers #3xRenewables. '' : It's #Time4Action - time to #REbootTheWorld. : #COP28, world leaders set an ambitious target: #Triple global #renewable #energy capacity & #double #energyefficiency by 2030. It was a milestone moment in the fight against #climatechange and the potential for a #clean, #secure and #just #energyfuture for all. Now is the time to deliver the transformative action that will unlock the rapid deployment of #renewableenergy around the world. Action that mobilises financing, unlocks permitting, strengthens supply chains, and builds the energy grid for the future. https://lnkd.in/dbvUU6BC Together with Global Renewables Alliance and International Hydropower Association (IHA) ; We, Blue Energy Mühendislik from #Türkiye say: '' Its #Time4Action time that delivers #3xRenewables.'' #RenewableEnergy #Hydropower #SolarEnergy #Windpower #GeothermalEnergy #FloatingSolar #EnergyStorage #3XRenewables Metehan Ercömert Rabia Ercömert Taner Ercömert Bruce Douglas Sonia Dunlop Eddie Rich Pablo Valverde Debbie Gray Rebecca Ellis Laura Monikowska Gemma Regniez MSc, FRSA Mariana Empis Victoria Cardenas ♻️ Trigya Singh Aitana Ramírez de Arellano Santiago Saga Henriksdotter Arthur Wiggers Ana Rovzar Reshmi Ladwa Julia Souder Iryna Petriashvili Ben Backwell https://lnkd.in/dAeN_rVy
It's #Time4Action. 🌍At #COP28 world leaders set an ambitious target: Triple global renewable energy capacity & double energy efficiency by 2030. It was a landmark moment in the fight against climate change and the potential for a clean, secure and just energy future for all. 📈Now is the time to deliver the transformative action that will unlock the rapid deployment of renewable energy around the world. Action that mobilises financing, unlocks permitting, strengthens supply chains, and builds the energy grid for the future. 🟢Today GRA launches ‘Time 4 Action’ - the second phase of our ‘Double Down, Triple Up’ campaign. Together with hundreds of companies, NGOs, industries and decision-makers we say: It’s #Time4Action that delivers #3xRenewables Join us: https://lnkd.in/dbvUU6BC Read the press release: https://lnkd.in/dPF6vtEY Global Wind Energy Council (GWEC) Ben Backwell Global Solar Council (GSC) Sonia Dunlop Green Hydrogen Organisation - GH2 Jonas Moberg International Hydropower Association (IHA) Eddie Rich International Geothermal Association Marit Brommer Long Duration Energy Storage Council (LDES Council) Julia Souder Bruce Douglas
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The Energy Efficiency Movement, with its industrial and business focus, has united with a global coalition of #InternationalOrganizations, #CivilSociety, #PrivateSector, #industry, and #FinanceOrganizations, anchored by Mission Efficiency, to champion #EnergyEfficiency as a cornerstone of the #EnergyTransition during this decisive decade. ♻️ In 2022, efficiency improvements reduced energy use by an amount equivalent to three times the solar and wind capacity added. 😧 However, the world is off track to meet the global goal of doubling energy efficiency by 2030, as adopted at COP28, according to the latest International Energy Agency (IEA) Energy Efficiency report. 🌍 With the spotlight on #COP29 in Baku this week, where world leaders are meeting, we emphasize actionable measures to unlock crucial energy efficiency investments and urge its inclusion as a top priority for #COP30. 👉 Link to press release: https://lnkd.in/ddCThrgs RMI Business Council for Sustainable Energy (BCSE) IEC (International Electrotechnical Commission) Global Renewables Alliance (GRA) Global Impact Fund Solar Impulse Foundation Alliance to Save Energy CLASP International Copper Association European Alliance to Save Energy (EU-ASE) E3G Metrus Energy Johnson Controls
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