Latest news with #PabloVieira
Korea Herald
6 days ago
- Business
- Korea Herald
New Policy Brief from the NDC Partnership Guides Countries Toward Tripling Renewable Energy
The NDC Partnership released a new policy brief today to support policymakers to take steps to integrate renewable energy into national climate pledges. WASHINGTON, June 4, 2025 /PRNewswire/ -- The NDC Partnership mobilized 14 country governments and leading institutions, to release a new policy brief supporting countries' efforts to triple renewable energy capacity. The policy brief, " T ripling Renewables: Powering Climate Action Across Sectors," outlines key actions countries can take to strengthen renewable energy planning in their Nationally Determined Contributions (NDCs), or climate pledges, due this this year. H.E. Mr. Ole Thonke, NDC Partnership Co-Chair representative, Climate Ambassador, Denmark: "Building on the Global Stocktake and the new NDCs it will be crucial to demonstrate that the global community is delivering on the Paris Agreement. Tripling renewable energy capacity is fundamental to achieving this goal. For most countries, renewables are the cheapest way to generate electricity today and therefore the strongest business case. I hope the guidance in this brief helps to overcome the remaining barriers and accelerate renewable energy deployment — especially in developing countries — paving the way for a more sustainable future." Pablo Vieira, Global Director, NDC Partnership: "Tripling renewable energy capacity is both achievable and essential for climate-resilient development. The next round of NDCs offers an opportunity to incorporate a broader range of technologies, innovations and solutions that expand the use of renewables not only for mitigation but also for adaptation — ensuring that successful models are financed, shared and scaled to meet diverse local needs." The use of renewable energy had become more mainstream thanks to technological advancements, cost competitiveness and supportive national policies. In 2023, renewable energy accounted for one-third of global power generation, 86% of new energy capacity and added roughly USD 320 billion to the global economy — or 10% of global GDP. Increasingly, countries are integrating renewable energy into their climate pledges, with over 65% of countries setting specific, measurable targets in the last round of NDCs submitted in 2020. Despite these trends, significant gaps remain between countries' national energy plans and the targets included in their NDC commitments — and clean energy deployment remains uneven. The next round of NDCs are an opportunity for countries to incorporate renewable energy targets into national climate and development plans, advancing mitigation and adaptation. The policy brief offers six considerations for national policymakers for accelerating renewable energy deployment across diverse geographies. The guidance builds on country experiences in renewable energy deployment and shares replicable lessons from previous NDC submissions, addressing key systemic barriers, such as access to finance. The considerations include:
Yahoo
6 days ago
- Business
- Yahoo
New Policy Brief from the NDC Partnership Guides Countries Toward Tripling Renewable Energy
The NDC Partnership released a new policy brief today to support policymakers to take steps to integrate renewable energy into national climate pledges. WASHINGTON, June 4, 2025 /CNW/ -- The NDC Partnership mobilized 14 country governments and leading institutions, to release a new policy brief supporting countries' efforts to triple renewable energy capacity. The policy brief, "Tripling Renewables: Powering Climate Action Across Sectors," outlines key actions countries can take to strengthen renewable energy planning in their Nationally Determined Contributions (NDCs), or climate pledges, due this this year. H.E. Mr. Ole Thonke, NDC Partnership Co-Chair representative, Climate Ambassador, Denmark: "Building on the Global Stocktake and the new NDCs it will be crucial to demonstrate that the global community is delivering on the Paris Agreement. Tripling renewable energy capacity is fundamental to achieving this goal. For most countries, renewables are the cheapest way to generate electricity today and therefore the strongest business case. I hope the guidance in this brief helps to overcome the remaining barriers and accelerate renewable energy deployment — especially in developing countries — paving the way for a more sustainable future." Pablo Vieira, Global Director, NDC Partnership: "Tripling renewable energy capacity is both achievable and essential for climate-resilient development. The next round of NDCs offers an opportunity to incorporate a broader range of technologies, innovations and solutions that expand the use of renewables not only for mitigation but also for adaptation — ensuring that successful models are financed, shared and scaled to meet diverse local needs." The use of renewable energy had become more mainstream thanks to technological advancements, cost competitiveness and supportive national policies. In 2023, renewable energy accounted for one-third of global power generation, 86% of new energy capacity and added roughly USD 320 billion to the global economy — or 10% of global GDP. Increasingly, countries are integrating renewable energy into their climate pledges, with over 65% of countries setting specific, measurable targets in the last round of NDCs submitted in 2020. Despite these trends, significant gaps remain between countries' national energy plans and the targets included in their NDC commitments — and clean energy deployment remains uneven. The next round of NDCs are an opportunity for countries to incorporate renewable energy targets into national climate and development plans, advancing mitigation and adaptation. The policy brief offers six considerations for national policymakers for accelerating renewable energy deployment across diverse geographies. The guidance builds on country experiences in renewable energy deployment and shares replicable lessons from previous NDC submissions, addressing key systemic barriers, such as access to finance. The considerations include: Aligning national energy plans with NDCs, ensuring they are equally ambitious Establishing collaboration mechanisms to bring renewable energy into sectoral planning Assessing sectoral value chains and stakeholders to identify pathways for renewable energy to underpin economy-wide climate action Developing roadmaps that outline technology and financing needs for integrating renewable energy across key sectors Raising public awareness and participation of subnational governments in designing renewable energy strategies Supporting innovation and fostering new technologies and business models View original content to download multimedia: SOURCE NDC Partnership View original content to download multimedia:
Cision Canada
6 days ago
- Business
- Cision Canada
New Policy Brief from the NDC Partnership Guides Countries Toward Tripling Renewable Energy
The NDC Partnership released a new policy brief today to support policymakers to take steps to integrate renewable energy into national climate pledges. WASHINGTON, June 4, 2025 /CNW/ -- The NDC Partnership mobilized 14 country governments and leading institutions, to release a new policy brief supporting countries' efforts to triple renewable energy capacity. The policy brief, " T ripling Renewables: Powering Climate Action Across Sectors," outlines key actions countries can take to strengthen renewable energy planning in their Nationally Determined Contributions (NDCs), or climate pledges, due this this year. H.E. Mr. Ole Thonke, NDC Partnership Co-Chair representative, Climate Ambassador, Denmark: "Building on the Global Stocktake and the new NDCs it will be crucial to demonstrate that the global community is delivering on the Paris Agreement. Tripling renewable energy capacity is fundamental to achieving this goal. For most countries, renewables are the cheapest way to generate electricity today and therefore the strongest business case. I hope the guidance in this brief helps to overcome the remaining barriers and accelerate renewable energy deployment — especially in developing countries — paving the way for a more sustainable future." Pablo Vieira, Global Director, NDC Partnership: "Tripling renewable energy capacity is both achievable and essential for climate-resilient development. The next round of NDCs offers an opportunity to incorporate a broader range of technologies, innovations and solutions that expand the use of renewables not only for mitigation but also for adaptation — ensuring that successful models are financed, shared and scaled to meet diverse local needs." The use of renewable energy had become more mainstream thanks to technological advancements, cost competitiveness and supportive national policies. In 2023, renewable energy accounted for one-third of global power generation, 86% of new energy capacity and added roughly USD 320 billion to the global economy — or 10% of global GDP. Increasingly, countries are integrating renewable energy into their climate pledges, with over 65% of countries setting specific, measurable targets in the last round of NDCs submitted in 2020. Despite these trends, significant gaps remain between countries' national energy plans and the targets included in their NDC commitments — and clean energy deployment remains uneven. The next round of NDCs are an opportunity for countries to incorporate renewable energy targets into national climate and development plans, advancing mitigation and adaptation. The policy brief offers six considerations for national policymakers for accelerating renewable energy deployment across diverse geographies. The guidance builds on country experiences in renewable energy deployment and shares replicable lessons from previous NDC submissions, addressing key systemic barriers, such as access to finance. The considerations include: Aligning national energy plans with NDCs, ensuring they are equally ambitious Establishing collaboration mechanisms to bring renewable energy into sectoral planning Assessing sectoral value chains and stakeholders to identify pathways for renewable energy to underpin economy-wide climate action Developing roadmaps that outline technology and financing needs for integrating renewable energy across key sectors Raising public awareness and participation of subnational governments in designing renewable energy strategies Supporting innovation and fostering new technologies and business models
Cision Canada
07-05-2025
- Business
- Cision Canada
The NDC Partnership Launches Tool for Climate Investment Planning and Mobilization to Help Countries Unlock Finance
The NDC Partnership launched an interactive online tool — the Climate Investment Planning and Mobilization Framework that prepares countries to unlock and channel climate finance. WASHINGTON, May 7, 2025 /CNW/ -- With input and expertise from 115 countries, implementing partners and public and private finance institutions, the NDC Partnership launched the "Climate Investment Planning and Mobilization Framework" (CIPMF) online tool designed to help countries unlock and channel climate finance. As countries develop climate pledges, or Nationally Determined Contributions (NDCs), this year, they aim to rapidly transition from planning to implementing their priority actions. Yet, insufficient access to climate finance remains a chief constraint — compounded by recent shifts in the financing landscape. In this context, countries will need clear investment plans to inform conversations with financiers and investors. NDC Partnership Global Director Pablo Vieira: "The climate finance landscape is complex and fragmented, making it difficult for countries to access and effectively leverage available resources. To translate their climate goals into clear plans and bankable projects, countries must be prepared to strategically engage financial actors. This requires a clear understanding of where gaps exist in national climate finance knowledge, capacity and planning — and a coordinated effort to close them, unlocking access to public, private and blended finance." The CIPMF is built on the premise that countries will need to align the whole-of-government, including planning and finance ministries, national development banks, central banks and the private sector to expand the amount, quality and impact of financing available. With this tool, and NDC Partnership support, countries can clearly articulate their priorities and needs to technical partners, financiers and investors. The climate finance gap is evidenced by country requests for support to the NDC Partnership, a global coalition of more than 240 countries and institutions. Finance is the most frequently requested type of support to the NDC Partnership, with 90% of developing countries requesting some form of finance-related support from across its membership. In response to country demand for finance support, the NDC Partnership and Green Climate Fund (GCF) launched a working draft of the CIPMF in 2023 at COP28 in Dubai with input from a range of actors, including private and public institutions and country representatives. By creating a common reference point, the guide supported countries to navigate the complexities of climate investment and strategically mobilize investments to achieve their climate objectives. Building on this guidance, the CIPMF online tool is a first-of-its kind resource that outlines six key stages across the climate investment planning and resource mobilization process. Learn more and access the new tool here. More About the Climate Investment Planning and Mobilization Framework Online Tool Allowing flexible user-entry points for countries at different stages of the finance planning process, the CIPMF enables countries to identify climate finance needs and gaps, develop finance strategies and project plans and map support providers and finance opportunities — tailored to their national contexts. The CIPMF promotes evidence-based decision-making in response to country-stated needs, including via specialized supplements around key thematic priorities. About the NDC Partnership The NDC Partnership is a global coalition, bringing together more than 240 members, including more than 130 countries, developed and developing, and more than 100 institutions to deliver on ambitious, transformational climate action that helps achieve the Paris Agreement and drive sustainable development.
