COP27’s Energy Day saw the launch of the Global Renewables Alliance; the alliance has been established to decrease the use of fossil fuels and to increase the use of renewable energy.
The alliance is made up of industrial bodies and organisations that work within the renewable energy sector. The bodies and organisations work within:
- Energy storage
- Geothermal energy
- Green hydrogen
- Solar energy
- Wind energy
The alliance’s aims to make the transition to clean energy easier for those around the world, through a range of pathways, including education, economic institutions, environment institutions, data and market intelligence.
Those within the alliance hope that the technologies they produce will help the world to move away from its reliance on Russian oil and gas, to accelerate the transition to clean energy and to participate with staying under the 1.5ᴼC limit agreed by the Paris Agreement.
Ben Backwell, the Chief Executive of the Global Wind Energy Council (GWEC), has stated after the alliance launched that:
“Massive deployment of renewable energy is the critical element in the battle against climate change and countries will need all of the key technologies represented by this alliance in order to be successful, and it is important that we take a collaborative approach and work together as technologies to help governments and communities achieve the just energy transition to ensure a sustainable and prosperous future.”