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Joint statement on Renewables working together
The renewable industries will work together to deliver 100% renewable energy. This can only be achieved through renewable energy integration. Together, the renewable energy technologies are greater than the sum of their parts. A significant increase of investment in renewables will fuel economic growth, create employment and contribute to a climate-safe future. To ensure this, we call for the following:
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Accelerated deployment across all sectors, especially in heating, cooling and transport sectors, also by connecting the sectors. The uptake of renewables in heating, cooling and transport remains slow, even though these sectors account for over three fourths of total final energy demand. Policy attention in this area is still lacking.
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Substantial financial incentives for renewables to create competitive advantage for end-users and encourage self-supply. The deployment of renewables in the energy sector still faces multiple barriers. Further policy support is needed to advance the achievement of a 100% renewable energy future. Policies ranging from pricing instruments to financial and fiscal incentives, quotas, and obligations, are needed to support clean, efficient and renewable energy projects.
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Consider additional benefits and services of renewables when designing market mechanisms, not just lowest price. The socio-economic benefits of the transition to a 100% renewable energy future is of vital importance. Mitigating climate change through the deployment of price competitive renewable energy need to be considered to future-proof our economy and society.
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Broader policy frameworks devoted to a just and inclusive energy transition. Renewable energy technologies lie at the heart of the energy transformation. This transition should focus on deployment, enabling and integrating policies that attract the full variety of investors, from individuals, communities, SMEs up to larger companies to participate and invest.
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Development of green skills and renewable jobs offered to communities. Incentives for education and training are needed to match the future skills demand for the energy transition. These incentives should address social and gender equity.
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Mapping and promotion of health benefits of a green energy-based economy. Replacing fossil fuels with renewable energy technologies is a positive force for climate, health and society.
