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IRENA joins public/private sector initiative to boost corporate sourcing of renewables

Governments and private sector corporations will collaborate to scale up renewable energy in support of the Paris Agreement under a campaign launched last week at the seventh Clean Energy Ministerial (CEM) meeting in San Francisco.

The Corporate Sourcing of Renewables Campaign will build partnerships to increase the number of companies committed to sourcing renewable energy for their operations.

“The private sector accounts for roughly 50 per cent of the world’s electricity consumption and so must play a key role in the ongoing global energy transition,” said Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA). “Switching this demand to renewables will decrease emissions, generate jobs, and deliver a host of other environmental, social, and economic benefits across the globe. IRENA looks forward to collaborating with initiative partners to reach this aim.”

IRENA joins the Renewable Energy Buyers Alliance (REBA), RE100, World Business Council for Sustainable Development (WBCSD) and the World Resources Institute (WRI) as initiative partners. At the government level, Germany and Denmark will lead the campaign in collaboration with China, the European Union, Mexico, the United Kingdom, and the United States. Together with the 23 CEM member governments and the European Union, campaign partners will develop and deploy enabling policies and resources to help businesses source more renewable energy.

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