We reduce barriers to the uptake of renewable energy by raising awareness, working with the finance sector, and providing governments with information and advice.
Renewables on the rise
Currently, around 80% of global energy and 66% of electrical generation are supplied from fossil fuels, contributing approximately 60% of the greenhouse gas (GHG) emissions responsible for climate change. A transition to cleaner forms of energy has already begun in many countries, but despite the recent fast rate of technological innovation and cost reduction, renewable energy and energy efficiency technologies must still compete with highly subsidised carbon-intensive energy technologies. Renewable energy technologies could be deployed more rapidly if energy policies addressed both the subsidies and impacts of fossil fuels while facilitating more finance for renewable energy projects.
UN Environment and renewable energy
Many types of barriers hamper the widespread deployment of renewable energy. UN Environment helps break down the barriers by:
- Providing advice to developing country governments on policies that create a more favorable environment for renewable energy,
- Raising awareness of successful approaches to policy, finance and technology options,
- Providing information, and dispelling myths about renewable energy,
- Working with the finance sector to encourage investment by lowering risks for renewable energy projects.