(GERMANY)

Clean energy can meet 90% of the Paris agreement’s energy-related emissions targets, according to the International Renewable Energy Agency (IRENA).

Ahead of this weekend’s G20 meeting in Hamburg, an IRENA report claims – that with greater innovation – renewables can contribute significantly to slashing energy-related emissions, which have to drop by 70% before 2050 to meet targets.

Dolf Gielen, Director of the IRENA Innovation and Technology Centre, said: “Renewable energy innovation is starting to really change gears. As more and more technologies become cost effective, there is now a shift of attention from technology innovation, towards business-model innovation, innovation in markets and regulation, and innovation in financing. The combination of all of these innovations together is creating a great momentum, and we are going to see a lot of pleasant surprises in the coming years.”