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The International Renewable Energy Agency (IRENA) is an intergovernmental organisation supporting countries in their transition to a sustainable energy future.
The International Renewable Energy Agency (IRENA) is a lead global intergovernmental agency for energy transformation that serves as the principal platform for international cooperation, supports countries in their energy transitions, and provides state of the art data and analyses on technology, innovation, policy, finance and investment.
IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy, in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity.
In 2022, the global weighted average levelised cost of electricity (LCOE) from newly commissioned utility-scale solar photovoltaics (PV), onshore wind, concentrating solar power (CSP), bioenergy and geothermal energy all fell, despite rising materials and equipment costs.
Tripling renewable energy capacity by 2030 is both an environmental necessity and a pathway to a more equitable, prosperous, and resilient world, with benefits in sustainable development, economic growth, social equity, and health.
IRENA helps analysts, policy makers and the public make informed decisions by providing access to comprehensive and up-to-date renewable energy data. IRENA publishes detailed statistics on renewable energy capacity, power generation and renewable energy balances.
IRENA works closely with both the United States and Mexico, and in 2015 assessed both countries’ renewable energy potentials. Through its renewable energy roadmap work, the agency has provided viable pathways towards achieving these countries’ renewable energy targets.
The energy transition under IRENA’s 1.5°C Scenario pathway predicts 6.4% higher GDP, 3.5% higher economy-wide jobs and a 25.4% higher welfare index than that realised under current plans, on average up to 2050.
The EU has adopted targets to achieve a 20% share of renewable energy in energy consumption by 2020, and 32% by 2030. Experiences gained in the early 2000s demonstrated the importance of enabling frameworks for renewables, and such frameworks remain at the heart of the EU’s policy process.
IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, energy security and low carbon economic growth and prosperity.