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Saturday, January 12, 2019

IRENA launches ‘A New World’ on energy transformation - NaijaAgroNet

The International Renewable Energy Agency (IRENA) has released its latest report on the Global Commission on the Geopolitics of Energy Transformation, reports NaijaAgroNet.

Tagged ‘A New World’ IRENA says that the political and business leaders from around the world outlined the far-reaching geopolitical implications of an energy transformation driven by the rapid growth of renewable energy in the new report.

The chair of IRENA and the former President of Iceland, Mr. Olafur Grimsson, said they were to share the Commission’s report, ‘A New World’, which suggests the geopolitical and socio-economic consequences of a new energy age may be as profound as those which accompanied the shift from biomass to fossil fuels two centuries ago.

“Those shifts include changes in the relative position of states, the emergence of new energy leaders, more diverse energy actors, changed trade relationships and the emergence of new alliances,” he said.

The Global Commission on the Geopolitics of the Energy Transformation, NaijaAgroNet recalls was established as an independent initiative by the International Renewable Energy Agency (IRENA) in January 2018.


Grimsson also commended support by the governments of Germany, Norway and the United Arab Emirates, even as the Commission is made up of experienced leaders from the worlds of energy, politics, trade, environment and development. 

Chuks Egbune/HO

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