IRENA: Officially tasked with monitoring progress of UAE Consensus

Monday 13th May 2024

IRENA Tasked with Monitoring Progress of UAE Consensus Renewable Energy and Energy Efficiency Goals by COP28 Presidency
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COP28 and IRENA to jointly drive implementation of UAE Consensus; announce annual report series to track tripling of renewables and doubling of energy efficiency by 2030

Abu Dhabi, United Arab Emirates, 13 May 2024 – Today, COP28 President Dr. Sultan Al Jaber officially tasked the International Renewable Energy Agency (IRENA) with the establishment of a special annual report series dedicated to monitoring progress and providing recommendations on achieving key energy goals of the UAE Consensus set at COP28.

The call to triple renewable power capacity and double energy efficiency by 2030 reflects vital components of the global response to address climate change and keep 1.5°C within reach. The UAE Consensus calls for ‘transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner’ with the aim to achieve net zero by 2050.

COP28 President Dr Sultan Al Jaber said, “Tripling renewable energy capacity and doubling energy efficiency by 2030 are central parts of the UAE Consensus, agreed by all 198 Parties at COP28. IRENA’s annual report will track and monitor global progress against these targets, which are crucial in ensuring we turn agreement into action and keep 1.5°C  within reach. The energy transition offers the greatest opportunity for social and economic development since the industrial revolution, and in IRENA we have a partner who understands both the need to transition to renewable energy and the huge economic opportunity this offers.” Learn More/…