A meeting of Group of Twenty energy ministers in Istanbul earlier this month affirmed a collective belief in renewable energy — including hydroelectric power — amongst the major economies that constitute the international forum.
An 11-point renewable energy toolkit, prepared by the International Renewable Energy Agency (IRENA), was adopted by the energy ministers and will be presented at the G20 Antalya Summit in November for further consideration.
The toolkit “provides options for G20 countries to take a long-term, integrated and sustainable approach toward enhanced deployment of renewable energy,” IRENA said, through defined areas that include:
- Driving down technology costs;
- Exchanging good practices on policy framework and power system integration;
- Mobilizing finance through risk mitigation; and
- Determining technological potential and roadmaps.