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WRI - World Resources Institute

11/19/2024 | News release | Distributed by Public on 11/19/2024 16:47

STATEMENT: Global Clean Power Alliance Launched at G20 Leaders Summit

STATEMENT: Global Clean Power Alliance Launched at G20 Leaders Summit

November 19, 2024
Statement
Topic
Energy
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At the G20 Summit in Rio de Janeiro, leaders of the United Kingdom and Brazil officially launchedthe Global Climate Power Alliance, an alliance of countries that will work together and share expertise with the goal of meeting the COP28 commitments to triple renewable energy and double energy efficiency. The effort will involve "missions" to address critical energy transition challenges. Brazil, Australia, Barbados, Canada, Chile, Colombia, France, Germany, Morocco, Norway, Tanzania, the African Union are the first countries to sign up to its first mission.

Following is a statement from Jennifer Layke, Global Energy Director, World Resources Institute:

"The Global Clean Power Alliance - and its finance mission - can help speed the world towards a future powered by efficient renewable energy. To be truly transformational, the Global Clean Power Alliance must prompt more new funding, improve and consolidate existing initiatives, and establish greater transparency for tracking renewable energy deployment. It's critical that the alliance take a comprehensive approach by promoting not only renewables but also energy storage, efficient electrification and encouraging both on-grid and distributing solutions. Done well, this effort can play an important role in accelerating the transition away from fossil fuels while improving people's lives, reducing energy poverty and creating green jobs."

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