Affordable and Clean Energy

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Browsing Affordable and Clean Energy by Subject "Greenhouse gas mitigation"

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    International trade and green hydrogen: supporting the global transition to a low-carbon economy
    (International Renewable Energy Agency (IRENA) ; World Trade Organization, 2023)
    By complementing renewable electrification and contributing to the decarbonisation of heavy industry, shipping, aviation and other key sectors, green hydrogen could play a pivotal role in limiting global temperature rise to 1.5°C. IRENA estimates that hydrogen and its derivatives would satisfy 14% of global final energy demand by 2050 in its World Energy Transitions Outlook 1.5°C Scenario. To achieve this, total hydrogen production must increase more than five-fold from current levels to 2050. The scale-up of green hydrogen as a decarbonisation vector will require massive deployment of renewable power and electrolyser capacity, requiring the development of new supply chains. This will have significant implications for international trade of renewable hydrogen and related commodities, as well as trade in associated equipment and services along the value chain. This publication, jointly produced by the International Renewable Energy Agency (IRENA) and the World Trade Organization (WTO), explores how trade policies can support the development of green hydrogen. It maps trade-related challenges within the hydrogen supply chain, assesses potential global trade scenarios, and provides concise recommendations for policy makers to scale-up green hydrogen-related markets.
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    Sustainable bioenergy pathways in Latin America: promoting bioenergy investment and sustainability
    (International Renewable Energy Agency (IRENA), 2024)
    Latin America, with its favourable climate, land availability and strong agricultural industry, has considerable untapped potential for biomass production. A workshop held in São Paulo in March 2023, featuring public and private sector representatives, explored this potential, focusing on Argentina, Brazil and Colombia. The workshop reviewed successful instances of the assessment and valuation of greenhouse gas reduction using biofuels; identified the need for a robust legal and regulatory framework to ensure stable market conditions and reduce investment risk; and emphasised the importance of regional cooperation to share knowledge and overcome barriers, prejudices and bottlenecks. In order to promote the bioenergy sector in the region, the workshop also recommended implementing a bioenergy market with financial incentives and support for research, technology, and infrastructure, and the subsequent progressive development and diversification of products and markets.