The Inter-American Development Bank (IDB) signed an agreement with the International Renewable Energy Agency (IRENA) to join the Energy Transition Accelerator Financing (ETAF) platform.

Targets in the G7 Climate, Energy and Environment Ministers’ Communiqué reflect IRENA estimates for the group, calling for 150 GW offshore wind and 1 TW Solar PV by 2030.

Under the International Renewable Energy Agency’s (IRENA) Energy Transition Accelerator Financing (ETAF) platform, Masdar and the Asian Infrastructure Investment Bank (AIIB) have agreed to commit capital to three solar projects in Uzbekistan.

Commitments by new partners grow the global ETAF platform in support of renewable energy investment in developing countries.

Country’s National Energy Policy to put the energy transition centre-stage of national economic and social agendas.