The International Renewable Energy Agency (IRENA) and the Permanent Mission of Barbados to the United Nations co-organised the roundtable on Financing SDG7: Solidarity, Equity and Ambition at the 2023 UN High-Level Political Forum (HLPF).
IRENA’s 1.5°C Scenario, set out in the World Energy Transitions Outlook, presents a pathway to achieve the 1.5°C target by 2050, positioning electrification and efficiency as key transition drivers, enabled by renewable energy, clean hydrogen and sustainable biomass.
The International Renewable Energy Agency calls on renewable energy project developers from the Latin American region to submit project applications to the Climate Investment Platform (CIP) to be considered for matchmaking with investors and financiers at the Forum.
Energy transition investments in the wake of COVID-19 can pave the way for equitable, inclusive and resilient economies.