Tag: IRENA

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Low-cost finance for the energy transition report

GS Paper 3 Syllabus: Infrastructure (Energy), Environment, Indigenisation of Technology and Developing New Technology   Source: IRENA   Context: The IRENA released the ‘Low-cost finance for the energy transition’ report.   The International Renewable Energy Agency (IRENA): It is an intergovernmental organization (an official UN observer, founded in 2009, HQ – Masdar City, Abu Dhabi) …

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World Energy Transitions: Outlook 2023

Facts for Prelims (FFP) Source: IE  Context: World Energy Transitions: Outlook 2023 (report by the International Renewable Energy Agency (IRENA)) states that the world is still “off-track” and falls short of the 1.5°C pathway.   Key recommendations: Net-zero commitments must be embedded in legislation and translated into implementation plans. Every investment and planning decision should …

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