The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. . Today, more and more countries are aiming for net zero emissions by mid-century.

The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. . Today, more and more countries are aiming for net zero emissions by mid-century.

Electromobility has a major role to play in achieving the goals of the Paris Agreement. IRENA’s transformation pathway estimates that 350 million electric vehicles (EVs) will be needed by 2030, kickstarting developments in the industry and influencing share values as manufacturers, suppliers and investors move to capitalise on the energy transition.

Africa desperately needs electricity for its socio-economic development. Over the last 25 years, demand has grown at an annual average of 3.3%. By 2040, total demand is expected to triple to approximately 1600 TWh.

IRENA and Enel foundation strength their partnership on the occasion of COP26 to accurately measure reserves, resources and demand impacts, accounting for innovation and circularity from design to re-use and recycle. Supply risks can be managed properly and IRENA convening power and technical expertise will help foster international governance for materials.

As countries around the world shape their plans to build back better in the wake of the coronavirus pandemic, they have a chance to create significant private sector business opportunities by accelerating the global energy transition.