The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy, and 13 companies across all industry sectors on September 1 launched the Global Alliance for Industry Decarbonization.
Key points
- Adopting the Bali Declaration, the new Alliance aims to accelerate net-zero ambitions and the decarbonization of industrial value chains in pursuit of the Paris Agreement climate goals.
- The Alliance membership is open to public and private firms and stakeholders operating in energy-intensive sectors who wish to decarbonize their activities.
- The industrial sector generates 25 percent of the global GDP. This sector, however, emits around 28 percent of greenhouse gas emissions. Therefore, partnerships based on dialogue and actions are crucial for industrial stakeholders to best address the challenges and opportunities of a clean energy transition.
- The Alliance for Industry Decarbonization was created to achieve country-specific net zero goals faster, encourage action for decarbonizing industrial value chains, and enhance understanding of renewables-based solutions and their adoption by industry.
About International Renewable Energy Agency (IRENA)
- The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.
