Transitioning to a future fuelled by renewable energy is the single most effective way to stave off catastrophic climate change while providing the 2.4 billion citizens of the Commonwealth with a better quality of life. With the ratification of the Paris Agreement and the adoption of the Sustainable Development Goals we have entered a new era of clean energy growth that can fuel a future of opportunity and greater prosperity. But the pace and scale of change needs to dramatically increase if we are to reach our ambitious global goals. Governments need to create the necessary policy frameworks, finance needs to be mobilised, and collaboration must be enhanced with the private sector in order to catalyse the development and implementation of renewable energy initiatives.
The Commonwealth Renewable Energy Report is a new annual publication to support Commonwealth countries in their transition to a sustainable energy future. It will serve as a central platform to promote international cooperation, highlight excellence, and encourage knowledge transfer regarding policies, technologies, resourcing and financing of renewable energy.
Featuring over 40 articles and case studies from leading experts, The Commonwealth Renewable Energy Report will promote the widespread adoption and sustainable use of all forms of renewable energy including bioenergy, geothermal, hydropower, ocean, solar and wind energy. It will also discuss off-grid solutions, sustainable and smart cities, and low carbon transport, as well as the key issues of governance and financing in the pursuit of energy access, energy security and low-carbon economic growth and prosperity.
The publication will be launched in October 2017 and produced annually thereafter.
In 2015, renewable energy set new records for investment and new capacity added. Investments reached nearly $286 billion, more than six times more than in 2004, and, for the first time, more than half of all added power generation capacity came from renewables.
-Ban Ki-moon, Secretary General of the United Nations
Renewables are not only a solution to mitigate environmental impacts, but in a number of cases they have become the most cost effective way to generate and deliver electricity. In many rural contexts in Africa and parts of Asia renewables are providing an engine for local development and poverty reduction.
-World Energy Council