Private sector calls on governments to fund renewable energy projects

The Global Renewables Alliance (GRA) has called on governments to complement the efforts of the private sector by funding renewable energy projects to achieve the target of 11000 gigawatts of installed clean energy by 2030.

This year marks exactly 6 years until 2030 but only less than half of the targeted amount of gigawatts of renewable energy has been installed around the world.

Speaking during a Press briefing on the sidelines of the ongoing International Renewable Energy Agency’s (IRENA) 14th Assembly on Tuesday in Abu Dhabi, United Arab Emirates (UAE), GRA chief executive officer Bruce Douglas said though there is a surge, available data shows that the private sector will not reach the target without the intervention of governments.

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