Offshore wind alone has the potential to provide more than enough energy to power the world four times over. Installations can be located close to heavily populated coastal cities that have little open land available and is a less costly and more reliable energy source than imported fossil fuels for many island nations and remote coastal communities.
The Global Offshore Wind Alliance (GOWA), launched at COP27, was established as a driving force for the adoption of offshore wind globally – with a focus on developing countries. The Alliance is aiming to deliver on the offshore wind breakthrough (380 GW of offshore wind installed by 2030), while ensuring net-gain for biodiversity in areas.
The Energy Transition Changemakers initiative seeks innovative projects to help expedite the pivot to clean power. Targeting renewables, efficiency, heavy emitters, and hydrogen sectors, it aims to pool expertise and drive impactful energy transitions.
Coal, oil and gas are being pushed out of power grids by a record expansion of wind and solar, according to climate think tank Ember.
Forum calls for development finance institutions and their shareholders to support the African green hydrogen economy.
Clean cooking remains the most underfunded health and environmental challenge in the world. The Clean Cooking Breakthrough will be a critical mechanism to scale ambition and action globally.
