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Add to Preferred SourcesThe International Renewable Energy Agency (IRENA) has signed an agreement with Cassa Depositi e Prestiti (CDP) aimed at fostering joint initiatives to promote the transition to renewable energy in developing countries, global access to clean energy and decarbonisation.
Within the framework of the agreement, the two parties will jointly support the implementation of replicable, scalable and transformative renewable energy projects, aimed at achieving the 2030 United Nations Agenda’s sustainable development objectives.
“We have entered a decade in which we must pursue sustainable development goals and climate objectives with increased urgency,” said IRENA Director-General Francesco La Camera. “Key to success will be our ability to mobilize the capital necessary to transition the energy system from traditional to renewable sources. Agreements such as this represent a positive step towards these goals and reinforce the investment community’s commitment accelerating the transition.
The partnership seeks to promote renewable energy technologies in 180 countries supporting each country pursue its full renewable energy potential whilst positioning renewables as the key to a sustainable future. CDP is a financial institution that supports international cooperation and invests in developing countries to crowd-in private capital.
Original source: IRENA
Published on 21 January 2019