The Director General of the International Renewable Energy Agency (IRENA) on Monday spoke of the need to transition away from fossil fuels and towards renewables during a COP28.
In an interview with VOA, Francesco La Camera, director general of the International Renewable Energy Agency (IRENA) said, “We believe it is the most realistic course-correction to urgently accelerate the global energy transition away from fossil fuels, trigger systematic change and overcome the barriers stemming from fossil fuels.”
According to many experts, the most likely energy scenario after the coronavirus pandemic is that the biggest world economies will be battered by a massive recession, cut investments in favour of clean energy. Fortune Italia has asked Francesco La Camera, the International Renewable Energy Agency (IRENA) Director-General, for his opinion.
Governments could chart a path to a fully decarbonised energy system by the middle of the century and revive economies hit by the coronavirus if they tailor stimulus packages to boost clean energy technologies, according to a report published by the International Renewable Energy Agency (IRENA).
The Director General of the International Renewable Energy Agency, Francesco Lacamera, told CNBC Arabia, that there is a need to double investments to help millions gain access to electricity, in addition to the expected new funding for the previous "IRENA" initiative of $1 billion.
The Director-General of IRENA explains why it is necessary to focus on the energy transition, the acceleration of which would have a positive impact on GDP and employment.
It will take a 'cyclopedic effort' to achieve the headline-grabbing pledge on renewable power made at the Dubai climate summit, the head of the international renewables body has warned.
Governments must provide incentives to help drive investment in hydropower as the “forgotten workhorse” if the world is to meet pledges to cut emissions and combat climate change, energy agencies said on Wednesday. Francesco La Camera, director of The International Renewable Energy Agency (IRENA) said that a post-coronavirus economic recovery should involve a jump in annual investments in hyrdropower from $22 billion to $55 billion to 2030.
It's hard enough for rich industrialized countries to tackle carbon reduction goals. For emerging economies to do the same can be downright daunting. But rich or poor, it must be done. "The transformational challenge can still be achieved," says IRENA's Francesco La Camera. "The energy transition is already happening. Renewables are the cheapest form of energy and makeup one-third of global capacity. But the more we delay the actions, the less effective they will be. We are trying to stress that the path to 1.5 degrees Celsius is very narrow. If we do not start now, we will never succeed."
On Earth Day 2020, communities and businesses alike are grounded - hunkered down until the "curve flattens" and the threats posed by COVID-19 pass. "The crisis has exposed deeply embedded vulnerabilities of the current system," says IRENA's Director-General Francesco La Camera. "By accelerating renewables and making the energy transition an integral part of the wider recovery, governments can achieve multiple economic and social objectives in the pursuit of a resilient future that leaves nobody behind."
Host Llewellyn King and Francesco La Camera, Director-General of the International Renewable Energy Agency, based in Abu Dhabi, talk about the outlook for world energy transitions.
Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), affirmed that COP28 is different from other editions as it would be the first COP to see discussions on the Global Stocktake, the assessment of countries' efforts to implement the Paris Agreement.
Female Mayors at the forefront of green development in the Mediterranean. “On most larger islands tourism drives the local economy, and any intervention that makes them look less attractive on Instagram is going to be fiercely opposed,” says Angelos Asimacopoulos, an owner of several small hotels in the central Aegean. Yet renewable energy is becoming increasingly central to energy security for island economies around the world, according to Francesco La Camera, director-general of the International Renewable Energy Agency (IRENA).
The International Renewable Energy Agency has hailed the U.S. decision to rejoin the Paris Climate Accord as a “crucial” step forward in the fight against climate change. “It means a lot for the renewable world, and for the energy transition,” Francesco La Camera, Director-General of the International Renewable Energy Agency told CNBC at the Atlantic Council’s annual Global Energy Forum.
Debate on Radio Radicale conducted by Valeria Manieri and Ruggero Po, with guests Francesco La Camera (Director-General of the International Agency for Renewable Energy - IRENA), Alessandro Motta (Deputy Ambassador to London Plenipotentiary Minister, member of the UK-Ita Joint Task Force for Cop26), and Donato Speroni (contact person of the ASviS secretariat in the Working Group on Goal 7 on clean and accessible energy, and 13 on the fight against climate change).
"The energy transition was already underway even before Covid. So in the last 7-8 years the installed capacity of renewable energy has progressively exceeded the installed capacity with fossil fuel plants and the distance between the two paths has increased year after. year". This was stated by Francesco La Camera
"We have published an agenda to make this tragedy turn into an opportunity. According to our estimates, we need a total of 2 trillion dollars of investments in the energy transition in the three-year period from 2021 to 2023. It is a question of doubling the efforts in the three years and then go to an average of $ 4.9 trillion in investments until 2030; and then 130 trillion by 2050 ". This was stated by Francesco La Camera , IRENA Director-General, speaking at the Fortune Italia Sustainability Forum.
In the world 11.5 million jobs in renewable energy reached. In 2030 it is estimated that they will more than double. But the post-pandemic revival could be complicated. As the Director-General of IRENA Francesco La Camera said: "renewable energy, that is dominant in the new electric capacity, has proved particularly flexible, affordable and resilient in the face of the health and economic crisis of 2020".
The world's power generation from renewable energy, such as solar and wind, has more than doubled since 2000, and more companies are seeking to procure 100% renewable energy. We interviewed Francesco La Camera, Director General of the International Renewable Energy Agency (IRENA), about the background of the expansion of renewable energy and Japan's challenges.
This column is part of a series of exclusive insights before Abu Dhabi Sustainability Week, being held from January 11-18, 2020. (Op-ed by Francesco La Camera, Director-General of the International Renewable Energy Agency)
China's energy transition will help improve its economic performance and achieve a steadier growth pattern, the head of the International Renewable Energy Agency (IRENA) has said.
The Ukraine crisis will likely accelerate transition to greener fuels in the medium term as higher use of renewables can help improve the environment and ensure energy independence, the head of the International Renewable Energy Agency (IRENA) said.
Rachel Kelly speaks to Francesco La Camera Director-General of the International Renewable Energy Agency to find out his vision for the energy landscape in Asia in 2050.
Director General of the International Renewable Energy Agency (IRENA), Francesco La Camera, said “renewables are the real way to achieve energy independence”, at the COP27 climate conference in Egypt.