|1 November 2016|

Abu Dhabi

The sustainable energy revolution is on course to deliver the global transition to renewables, according to the International Renewable Energy Agency (IRENA).

At IRENA’s 12th Council meeting today in Abu Dhabi, attended by 300 international stakeholders, the Agency highlighted innovation and the fall in costs as key drivers of the rapid rise of clean energy.

“When we started out just over five years ago, many were not convinced of the need for the energy transformation. But developments during the past few years have exceeded the expectations of even the most optimistic supporters,” said IRENA’s Director-General Adnan Z. Amin. “Plummeting costs and rapid innovation have spurred investments, transforming renewable energy solutions from the periphery, to an economically and technically preferable option.”

He continued: “We live in a time of extraordinary change; change that is reshaping the way we think, live and work, and bringing new and transformative opportunities that will revitalise economies and lift people out of poverty, but also disrupt the known and put strain on the incumbents. The pace of this change will only accelerate. With the continued implementation of the work programme and responsiveness to the needs of our Members, IRENA is playing our part to ensure that the sustainable energy future we need becomes a reality.”