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.

Outdated perceptions of the costs of clean energy remain a major barrier to the energy transition. Despite the dramatic fall in prices across these technologies, the dialogue surrounding “cheap” fossil fuels and “expensive” renewable energy endures, and must be changed.

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.

Here is why raising the climate ambitions expressed in the NDCs today is a smart move, both for the economies and climate targets.

Domestic financial institutions are best placed to mitigate credit risks, access competent technical assistance and assess renewable energy investments, they represent a reliable partners in RE project development.

Moving the needle on SDG 7 target on universal access to affordable, reliable, sustainable, and modern energy requires a systemic change in terms of planning, policies and regulations, as well as financing.

Drawing from diverse experiences in the renewables sector, including key insights from the International Renewable Energy Agency (IRENA)'s Energy Transition Accelerator Financing (ETAF) platform, this article elucidates essential factors that appeal to investors and identifies pitfalls that can hold them back from investing.