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International Renewable Energy Agency (IRENA) with the governments of the UAE and Germany
Investments in energy transition technologies, while having reached record levels, are still not large enough and are concentrated in just a few countries and regions. According to latest statistics of IRENA, in 2021, about 84% of those investments were focused in China, Europe, the United States, Japan and India, with the Middle East and Africa accounting only for no more than 2% of the total. The majority of the developing world still faces great challenges in mobilising financing for critically needed energy projects ranging from electrifying health clinics to powering industry and development.
A just and inclusive energy transition is a powerful enabler of virtually all the SDGs. Therefore, its critical importance goes beyond the scope of SDG7, making it one the most sensitive cross-cutting issues to be considered in the implementation of the 2030 Agenda.
The side-event will bring together various stakeholders from financing sector, governments and the private sector to discuss the landscape of financing instruments to support renewable energy projects implementation in developing countries and the energy transition as a whole while benefiting multiple SDGs
This is a hybrid event with an in person location at the Permanent Mission of the UAE to the UN.
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Register here for the side-event
