IRENA, Innovation Mission sign agreement to push renewable energy use
Bukola Odufade is Businessamlive Reporter.
You can contact her on bukola.odufade@businessamlive.com with stories and commentary.
The International Renewable Energy Agency (IRENA) and Mission Innovation have signed a letter of agreement to boost and accelerate clean energy innovation globally.
The agreement was signed between Ibrahim Baylan, minister for policy coordination and energy in Sweden, on behalf of Mission Innovation, and Adnan Z. Amin, director-general of IRENA.
The collaboration is aimed at scaling up the deployment of renewable energy technologies through knowledge sharing on innovation data, trends, and priorities.
“By collaborating with Mission Innovation, we can bring together the knowledge, data, convening power and experiences of the two organizations to create innovative approaches to develop the energy system of the future,” Amin said.
According to the organizations, working together will improve the quality of data and insights on progress in renewables and energy system technologies and better inform high-level decision-making processes related to clean-energy innovation.
Baylan said that “there is an urgent need to accelerate clean energy innovation. The member nations can do this better and faster with the global collaboration of the Mission Innovation. Likewise, the Mission Innovation itself stands stronger when collaborating with other international organizations in the clean energy field.”
“Innovation is at the heart of the global energy transformation, not only in terms of technological advancements but also in policy, finance, and business,” Amin added.
They also noted that this agreement would strengthen cross-border collaboration on innovation.