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Renewables to avert climate change crisis

Renewables to avert climate change crisis
Photo by ZHANG FENGSHENG- Ask Nigeria

Global power supply renewables need to increase to 60% by 2030, 90% by 2050.

While climate change persists, various initiatives are being taken to address the volatile situation, with nations transitioning to clean energy sources in order to diminish the global climate change menace. Concurrently, the Secretary-General of the United Nations (UN), António Guterres, has opined the same, claiming that renewable source is an effective strategy in tackling the global climate issues. He, therefore, encourages governments across the globe, as well as emerging nations like Nigeria, to promote renewable sources.

Guterres made this known in a video message delivered at the opening ceremony of the International Renewable Energy Agency (IRENA) 13th Assembly, an intergovernmental organization that aid countries in their quest to transition to sustainable energy sources. The event tagged World Energy Transition – The Global Stocktake was organized as part of the Abu Dhabi Sustainability Week, hosted by Masdar Clean Energy, Abu Dhabi’s renewable energy developer and a prominent developer and operator of utility-scale renewable energy.

Five-point energy strategy for a smooth renewable transition.

The UN Secretary-General has said that renewable energy sources have the potential to promote energy security, decrease the energy access gap, stabilize prices, and reduce price volatility. He said that 30% of renewables in global power generation needs to increase to 60% by 2030 and 90% by 2050. Guterres expresses concern that the world is still reliant on fossil fuels, and the 1.5-degree objective is rapidly receding as world leaders and stakeholders prepare for the first Global Stocktake at COP28 later this year in the UAE. In accordance with the established policy, Guterres said that the goal is to reach 2.8 degrees of global warming by the end of the century.

With the aim withering away, many things are at risk; the repercussions will be disastrous, and certain sections of our world will become uninhabitable, perhaps leading to mass death. However, the UN Secretary-General highlighted a five-point energy strategy for a smooth transition. Intellectual property restrictions must be addressed while also addressing essential renewable technologies as global public goods, such as energy storage. Consequently, it is essential to broaden and improve access to supply chains for raw materials and components for renewable technologies without compromising the quality of the environment. Indeed, this may pave the way for millions of environmentally friendly employment opportunities, particularly for women and young people in developing countries.

Renewable energy sources may be a potent agent of good change.

Policymakers should streamline processes, expedite permits for sustainable projects throughout the globe, and upgrade infrastructure such as power grids. Energy subsidies must transition away from fossil fuels and toward clean, inexpensive energy. Ultimately, annual governmental and corporate investments in renewables should be increased by a factor of three, reaching at least $4 trillion. He continued by saying that world leaders should work together to lower the initial cost of renewable energy sources, particularly in developing nations like Nigeria, and to guarantee that funding reaches those who need it most.

Furthermore, Guterres urged multilateral development banks to contribute by making significant investments in renewable energy infrastructure, assuming greater risks, and leveraging private finance, and he emphasized the importance of developed nations collaborating with credit agencies to increase the volume of green investments in developing nations. Francesco La Camera, Director-General of IRENA, commented on the current situation, saying that the agenda of this Assembly is framed around the idea that transitions to renewable energy sources may be a potent agent of good change. As a precursor to the 1st Global Stocktake, which will be completed at COP 28 in Dubai later this year, discussions will be held on how to synchronize global efforts around energy transition goals.

Leaders globally need to embrace renewable energy to tackle climate change.

La Camera said that the overlapping challenges call for coordinated global action based on multilateralism to emerge more robust and united in accomplishing our shared objectives. He added that the IRENA Assembly also offers a forum to promote a global energy agenda. Sultan Ahmed Al Jaber, the Chairman of Masdar and president of the COP 28 scheduled to hold in UAE later this year, emphasized the need for global leaders to embrace renewable energy to tackle climate change. He said that the UAE has made significant investments in renewable energy and intends to make further investments in the future. He claimed that these investments have produced substantial contributions outside of the oil business.


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UN: Website

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Admin
1
7 days ago

Renewables to avert climate change crisisGlobal power supply renewables need to increase to 60% by 2030, 90% by 2050. – Express your point of view.

Member
8
7 days ago

In spite of the fact that climate change is still occurring, a number of different actions are being done to handle the unpredictable situation.

Member
9
7 days ago

Global power supply renewables need to increase to 60% by 2030, 90% by 2050. If we do the needful definitely we will get everything solve

Member
8
7 days ago

Using energy that comes from natural or manmade sources that are renewable is a good way to fight the effects of climate change.

Member
8
7 days ago

We ought to be encouraging governments all throughout the world, even developing nations such as Nigeria, to promote the use of renewable forms of energy.

Member
8
7 days ago

Despite climate change, several steps are being taken to manage the uncertain situation.

Member
8
7 days ago

It is important that we encourage governments everywhere, including in emerging nations like Nigeria, to encourage the use of renewable energy sources.

Member
8
7 days ago

The use of renewable energy sources has the potential to both increase energy security and narrow the energy access gap.

Member
8
7 days ago

The United Arab Emirates (UAE) has already made substantial investments in renewable energy and has plans to make additional expenditures in the foreseeable future.

Member
8
7 days ago

As reported, renewable source is an effective strategy in tackling the global climate issues. Therefore, I will encourages governments across the globe as well as emerging nations like Nigeria to promote renewable sources as a means of tackling climate change.

Member
8
7 days ago

It’s possible that this will open the door to millions of eco-friendly job opportunities, particularly for young people and women in poor nations.

Member
8
7 days ago

Because of the overlapping problems, we need coordinated global action based on multilateralism in order to become more powerful and united in the pursuit of our common goals.

Member
8
7 days ago

The utilization of renewable energy sources has the ability to do two things: boost energy security and lessen the gap between people who do and do not have access to electricity.

Member
8
6 days ago

If Necessary thing are done Global power supply renewables will increase to 60% by 2030, 90% by 2050. This renewable power need to be encourage by our government it will really benefit us

Member
8
6 days ago

Governments all throughout the world, including emerging countries like Nigeria, should be encouraged to promote the use of renewable energy sources.

Member
8
6 days ago

The depletion of the ozone layer due to the green gas effect has resulted in climatic change crises which constantly on the increase. Except if actions are taken and the global power supply renewables are increased by 60% in 2030 and 90% by 3050 the damage will continue.

Member
9
6 days ago

Due to climate change and its effects around the globe it is believed that renewable energy source would be the best to use and transition to inorder to solve the problem of climate change

Member
8
6 days ago

Renewable energy sources, according to the UN Secretary-General, have the ability to advance energy security, close the energy access gap, stabilize prices, and lessen price volatility.

Member
8
6 days ago

The use of renewable energy sources has the potential to increase energy security and narrow the gap between those who have access to power and those who do not.

Abusi
Member
8
6 days ago

Renewable energy can help us avert climate change issue. Instead of wasting resources, we can easily renew our energy from different sources.

Member
8
6 days ago

The increased greenhouse gas due to human activities is resulting in change in climatic condition of most regions of the world. Several natural disasters were recorded in 2022. There is therefore the need to increase to the global power supply renewables by 60% in 2030 and by 90% in 2050 as recommended.

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