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Home Environment

Global Alliance for Industry Decarbonization (GAID)

September 8, 2022
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Global Alliance for Industry Decarbonization (GAID)
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In news–The International Renewable Energy Agency (IRENA) along with 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonisation recently.

About the alliance-

  • The Alliance was created to achieve country-specific net-zero goals faster, encourage action for decarbonizing industrial value chains, and enhance understanding  and adoption of renewables-based solutions by industry. 
  • It will also strengthen dialogue and coordinate action by public and private sector industrial stakeholders. 
  • Members of the Alliance also include Indian companies such as JSW, Tata Steel, etc.
  • Membership is open to public and private firms, energy-intensive sectors aiming to decarbonize their value chains, and companies that have knowledge and expertise in the deployment of energy transition technologies
  • The first Alliance meeting is planned to take place at COP27 in Sharm El Sheikh, Egypt.

About International Renewable Energy Agency(IRENA)-

    • The IRENA is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. 
    • IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy.
    • With a mandate from countries around the world, IRENA encourages governments to adopt enabling policies for renewable energy investments, provides practical tools.
  • In line with these aims, IRENA provides a wide range of products and services, including:
  • Annual reviews of renewable energy employment.
  • Renewable energy capacity statistics.
  • Renewable energy cost studies.
  • Renewables Readiness Assessments, conducted in partnership with governments and regional organisations, to help boost renewable energy development on a country by country basis.
  • The Global Atlas, which maps resource potential by source and by location.
  • Renewable energy benefits studies.
  • REmap, a roadmap to double renewable energy use worldwide by 2030.
  • Renewable energy technology briefs.
  • Facilitation of regional renewable energy planning.
  • Renewable energy project development tools like the Project Navigator, the Sustainable Energy Marketplace and the IRENA/ADFD Project Facility.
  • With more than 180 countries actively engaged, IRENA promotes renewable resources and technologies as the key to a sustainable future and helps countries achieve their renewable energy potential.
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Source: IRENA
Tags: News PaperPrelims

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