International Renewable Energy Agency (IRENA)’s Post

Passing along this upcoming webinar opportunity by International Renewable Energy Agency (IRENA) focused on international collaboration for the energy transition in Africa! #energytransition #collaboration #webinar

Multilateral development banks can help overcome barriers to clean energy investment in South and Southeast Asia. But how? 👇 ⚡Support projects to modernize grids and transmission infrastructure, 💸Reduce investment risks to attract more private finance, 🏛️Work with governments to enable country-level energy transitions, 🌱Improve international coordination to bolster clean energy investment. Learn more👉 https://bit.ly/4eT7xeP #CleanEnergy #EnergyTransition #ClimateFinance #GreenInvestment #ClimateAction #RenewableEnergy #SustainableDevelopment #ClimateCrisis #Development #DevelopmentBanks #MDBs #SouthAsia #SoutheastAsia

We were delighted to have Minister Eamon Ryan TD take part in AmCham's US-Ireland Business Report 2024 "Building Ireland’s Transatlantic Impact " "We know that international collaboration will be key in achieving our energy goals, as targeted investment in the offshore sector must be guided by industry expertise to ensure that the skills outputs required match sectoral demands." You can read the full report here: https://lnkd.in/en72f6d #USIRL24

Another productive week away from home. Great discussion on interconnnection potential in South Asia and South East Asia. We now have some agreed areas of focus and a willing group of partners to act on them. Finance is a key area and we shall be progressing work to support access to climate finance and also to help ministries work better with private finance. Watch this space! #NoTransitionWithoutTransition Green Grids Initiative

With decarbonisation, the dire need to improve access to power for all Africans and the race to #netzero firmly on the African agenda, attracting both public and private investment and sourcing alternative financing for #energytransition is becoming increasingly urgent, leading to a plethora of opportunities for investors with their eye on the continent's bright future. Read more here: https://lnkd.in/eGdCVSNG

#washingtondc. is poised to become the epicenter for Africa’s #energytransformation as it prepares to host the 9th edition of #PoweringAfricaSummit. The summit aims to tackle Africa’s #energychallenges and explore new #investmentopportunities. These aims will be done through facilitating discussions between #government stakeholders, institutional #investors and private #financiers. More so, through #technology providers from the #US. and #Africa. https://lnkd.in/dbWWHw3P

Speaking in both Japan and Korea last week at the PEI Infrastructure Investor Japan/Korea forum, Ross Israel, Head of Global Infrastructure, QIC, shared his insights in #Korea on the panel ‘Infrastructure investing at maturation: Will it remain a resilient asset class?’. While in #Japan he delivered a presentation on ‘Climate Resilient Infrastructure – Unlocking the value of resilience’ and discussed how an active investor approach to building resilience is critical.   #infrastructureresilience #infrastructureinvestors #energytransition

It was great to be part of the Green Grids Initiative Asia Pacific Working Group last week in Bangkok where we discussed ways in which governments, investors, academia and the private sector can work together to accelerate grid interconnection in Southeast Asia and South Asia. The GGI Team are now pulling together actions for 2024, so keep an eye out for updates! Some interesting points that I learnt during the 3 days include: ⚡ In positive news, 9 out of the 18 key interconnector projects listed by ASEAN in the AIMS III are already operational, sharing energy between several SE Asia nations. ⚡ To reach national goals globally, the International Energy Agency (IEA) has found we need to add or refurbish a total of over 80 million kilometres of grids by 2040 (the equivalent of the entire existing global grid!) and investment needs to nearly double by 2030 to over US$600 billion per year. ⚡ The UK's Climate Compatible Growth #CCG's research has shown that less than 40% of the grid investment needed in 2030 in regions like SE Asia would actually be eligible for climate finance under the current rules. ⚡ Did you know that there is a leading energy modelling tool OSeMOSYS where you can easily model the significant technical energy and cost benefits of interconnection anywhere in the world? And - even better - it's free to use and open source! Robert Cooke Marcus Stewart Simone Osei-Owusu Matthew Wittenstein

Thank you, PubAffairs - EU Debates, News & Opinions, for giving me the opportunity to speak about industrial policy and how to combine competitiveness and sustainability. This will be the mantra of the next #EUCommission and a priority for most political groups in the #EUparliament. Here are four key takeaways: 🔄 Green Deal implementation is the first brick of EU future competitiveness. #CBAM, #RED, #NZIA, and #CRMA will be game changers with important milestones in the years to come. ⚡ Energy integration is paramount for price stability and resilience. We need strengthened interconnections and grids, along with more renewable energy sources. 💶 Support for investments is crucial. EU, national, and private funding should foster innovation and encourage reshoring for critical technologies. Dedicated EU funds and programs, IPCEI, and EIB are indispensable, as well as a genuine Capital Market Union to enable the flow of private investments and savings. 🌍 Finally Ensuring a level playing field and reciprocity with trade partners will be crucial to preserve our industries from unfair practices.

Latin American countries offer different levels of opportunities for investment in infrastructure and energy projects, but how to identify them and find the best partners in the public and private sectors? 👉🏽Aiming to promote sustainable development in the region, GRI Club Infra is holding the continent’s largest meeting on concessions and public-private partnerships with a week of activities starting on May 13th in New York. 🔸The agenda (see the post image) includes discussions on the main sectors open to private investment, as well as addressing essential topics such as the structuring of notices (editais), the participation of development banks and multilateral institutions, financing alternatives and specific characteristics of major Latin American countries, including Brazil, Mexico and Colombia. 🔗 Find out more and request to join: https://lnkd.in/dyC4fKRJ #griclub #infrastructure #energy #concessions #investments #sustainability #energytransition #transport #mobility #esg