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COP28: IRENA's Energy Transition Accelerator grows four-fold to $4bn

IRENA argues renewable energy investment needs to double to 2030

Annual investment in renewable energy needs to double in order to scale up the energy source and secure the "pathway to climate safety", according to the International Renewable Energy Agency (IRENA).

Delayed action on energy transition could double stranded assets, says IRENA

Delaying new policy measures to curb global warming to 2030 will cost an extra $10 trillion in stranded assets, compared to an accelerated deployment of renewables and energy efficiency starting now, according to the International Renewable Energy Agency (IRENA).

Solar costs to fall by another 50%, says Irena

There is significant potential for further dramatic falls in the cost of solar and wind energy over the next decade, according to the International Renewable Energy Agency (Irena).

Feedback required for geothermal standards in the green bond market

The Climate Bonds Initiative (CBI) is calling for feedback on planned criteria for geothermal-based green bonds.