It has been announced that the COP29 Presidency, Azerbaijan, will partner with IRENA to monitor renewable energy progress, specifically efforts towards tripling renewable energy capacity and doubling energy efficiency by 2030, two goals set out at COP28.
The Agreement was made on the sidelines of the Baku Energy Week between Azerbaijan’s Minister for Energy, Parviz Shahbazov, and IRENA’s Director-General Francesco La Camera.
This follows IRENA being tasked with the establishment of a special annual report series dedicated to monitoring progress and providing recommendations in May.
The new annual tracking report will be published each year from 2024 to 2030 and feature the latest data and projections concerning the tripling of renewables and doubling of energy efficiency by 2030.
IRENA will release the 2024 edition in cooperation with the COP28 and COP29 presidencies and the Global Renewables Alliance (GRA).
Commenting on the announcement, Azerbaijan’s Minister for Energy, Parviz Shahbazov, said: “Our cooperation with IRENA will contribute to monitoring the energy results of the COP28 consensus and the promotion of countries’ actions on renewable energy and energy efficiency by 2030. Within the COP29, we are pleased to support this process and coordinate our efforts to achieve global energy and climate goals.”
IRENA Director-General Francesco La Camera added: “Given the centrality of the Agency’s World Energy Transitions Outlook to the tripling of renewables and doubling of energy efficiency goals, IRENA and its 169-strong global membership are best placed to monitor progress towards the historic energy outcomes of COP28. Today’s cooperation between COP29 and IRENA will help ensure we have the continuity required to triple renewables and double efficiency by 2030 – from Dubai to Baku and beyond.”