G20 South Africa: The Johannesburg Summit 2025

INTERVIEW // SUSTAINABILITY: ENERGY

Powering an equitable energy future

Why is it so urgent to reinforce the renewables revolution now? The gap between where we are now and where we should be is closing. In 2024, we added record levels of renew- ables for the third consecutive year. Our preliminary data for 2025 are very promising: we could break records yet again and add around 700 gigawatts of renewable capacity this year. Although the progress we are making is not enough, with G20 countries needing to more than double installed renewa- bles by 2030, the gap is narrowing. And that’s exactly why we must accelerate, because the effort is now more achieva- ble than ever. How is IRENA working to increase the pace of progress to close that gap? IRENA used to be mainly a think tank. Our reports influenced policy, but we also wanted our knowledge to drive deployment and investment on the ground. So we created the Energy Tran- sition Accelerator Financing Platform, which now brings together 14 partners from the Asian Infrastructure Invest- ment Bank to the World Bank. We also focused our analyti- cal work at the regional level to

To ensure developing countries share equally in the clean energy transition, the G20 must lead urgent action on grid expansion, financing and skills to turn the renewables revolution into a truly global effort

Interview with Francesco La Camera, director-general, IRENA

reflect local characteristics and build stronger invest- ment frameworks. Our

regional outlooks provide domestic support, helping countries align national energy planning with regional priorities. This approach promotes the development of projects that are sup- ported by countries through their own energy plans. We

also assess the bankability of these projects and connect them with potential inves- tors through

our investment forums. The last forum in Nairobi was highly successful, and

the next will take place in Sierra Leone at the end of October.

96 // G20 SOUTH AFRICA: THE JOHANNESBURG SUMMIT 2025

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