Green hydrogen trade can provide a low-cost alternative that diversifies energy imports and improves energy security, says new IRENA report.
China aims for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060.
The virtual meeting was attended by 57 participants from 32 Members and States in Accession as well as representatives of the industry and international organisations.
The new IRENA report underscores the need for power system structures that are fit for the renewable era.
IRENA and OPEC Fund are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging and developing economies.
IRENA through ETAF is managing matchmaking activities between potential projects and funding partners.
The International Renewable Energy Agency (IRENA) signed agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (known as Masdar).