GE has signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energy security.
The agreement was signed by Francesco La Camera, Director-General of IRENA and Roger Martella, Chief Sustainability Officer of GE at the 27th Conference of the Parties of the UNFCCC (COP27) in Egypt.
Through this collaboration, GE and IRENA have agreed to cooperate across several specific pillars including decarbonization, thought leadership, and adoption and sustainable use of all forms of renewable energy. COP27 provides the right context and platform for the agreement to move forward.
Francesco La Camera, Director-General of IRENA, commented: “Our collaboration with GE underlines how partnerships within the industry can – and must – serve our mission of supporting countries in their transition to a sustainable energy future. Together with forward-looking multinationals such as GE, we hope to accelerate progress and fuel global ambitions to achieve net zero.”
Following the signing of the agreement, GE and IRENA will explore how to jointly support decarbonization efforts in critical markets and sectors, including onshore and offshore wind, bio energy with CCUS, hydro, green hydrogen, energy storage, electrification, and the latest grid modernization technologies. The organizations plan to collaborate on identifying thought leadership, events, and knowledge exchange opportunities with strategic stakeholders and partners to promote the continued growth of the renewables sector.
Also read: IRENA And GWEC Sign Agreement For Global Battle Against Climate Change
The partners will also consider technical cooperation, exploring collaboration on technical solutions and capacity-building that support regional and country-level stakeholders. This agreement demonstrates GE and IRENA’s commitment to achieving climate change goals while focusing on the three pillars of the energy trilemma –reliability, sustainability, and affordability.
