Renewable energy targets quadruple globally in 10 years - IRENA [ Current Affairs ]
The International Renewable Energy Agency (IRENA) has announced that in past one decade renewable energy targets have quadruple globally. This report was released by IRENA Director-General Adnan Z. Amin on the side lines of IRENA’s 9th Council meeting in Dubai.
- According to the report, all nations are adopting renewable energy targets to meet multiple objectives including energy security, environmental sustainability and socio-economic benefits. 164 countries have adopted at least one type of renewable energy target compared to 43 countries in 2005.
- Developing and emerging economies are leading nations to adopt of renewable energy targets, accounting for 131 among 164 countries. The majority of 150 countries have focused committed renewable energy targets on the electricity sector
- In 2005, the numbers of countries setting renewable targets for the heating and cooling sector have increased to 47 from 2 countries. Similarly, renewable transport targets have also has doubled to 59 countries from 27 countries in 2005.
- International Renewable Energy Agency (IRENA) is an intergovernmental organization to promote adoption and sustainable use of renewable energy. It’s Headquarters in Abu Dhabi.
- IRENA was established in 2009 its statute entered into force on 8 July 2010. IRENA has 140 Members. India is one of the 33 Permanent and founder members of IRENA.
- IRENA has two governing structure. Assembly which takes decisions at macro level and gives policy guidance. IRENA Council is main governing body and is responsible for implementing various decisions of assembly.
- Published on: June 23, 2015