IRENA s work on NDCs and job creation

Transcription

1 COP 24, Katowice, Poland Global Solar Council Side Event IRENA s work on NDCs and job creation Toshiaki Nagata Senior Programme Office KPFC, IRENA Katowice, Poland 6 December 2018

2 Renewable energy in NDCs UNFCCC Parties including renewable energy in their NDCs Source: IRENA, 2017 Of the 194 Parties to the UNFCCC that submitted NDCs, 145 referred to renewable energy action, while 109 Parties included quantified target for renewables

3 Number of targets NDC-based renewable energy targets for electricity generation and end-use sectors Renewable energy targets in NDCs by end-use application Renewable energy targets in NDCs cover mainly the power sector and only in a few cases the end-use sectors Source: IRENA, 2017

4 NDC-based renewable energy contributions for adaptation and targets for off-grid renewables Countries with renewable energy action for adaptation and targets for off-grid renewables Source: IRENA, 2017 NDCs offer an opportunity to capture the benefits renewables offer for adaptation, including improving energy access through off-grid renewable energy technologies

5 Investment needed by 2030 to implement renewable energy targets in current NDCs Total investment needed by 2030 for renewable energy targets in NDCs Source: IRENA, 2017 Over USD 1.7 trillion would be needed by 2030, of which 70% for unconditional targets

6 Renewable power installed capacity added by 2030 as a result of NDC implementation NDC-driven increases in renewable power installed capacity up to 2030 Source: IRENA, 2017 At least 1.3 TW would be added globally in the years between 2015 and 2030

7 Comparison of NDC targets with recent renewable energy deployment Average annual renewable energy deployment in NDCs as compared to annual capacity additions over Average annual renewable energy deployment resulting from NDC implementation is 36% lower than current levels Accelerated deployment is expected in SIDS (+379%), Africa (+175%), and the Middle East (+26%) Source: IRENA, 2017

8 Alignment of NDC targets for renewables with existing national plans G20 renewable energy components in NDCs and in other existing national plans and strategies Renewable energy targets in NDCs are often less ambitious than targets that countries have already established in national energy plans and strategies Source: IRENA, 2017

9 Tapping the full cost-effective potential for renewables through NDCs G20 renewable energy components in NDCs and in other existing national plans and strategies The cost-effective potential for renewable energy is much higher than what is captured in NDCs Countries can progressively increase the ambition of renewable energy targets in the next round of NDCs Source: IRENA, 2017

10 Some take-aways Implementing current NDCs Early action is critical. Countries need to start advancing the implementation of NDCs and to attract the necessary investment: o Establish stable, consistent and transparent enabling frameworks for renewables; o Utilise public finance to effectively mobilise private investment (risk mitigation instruments and structured finance mechanisms) Advancing NDCs Countries can use the opportunity presented by the 2020 NDC update to: o Reflect at least the current pace of renewable energy deployment o Align targets in NDCs with existing national plans and strategies o Reflect the cost-effective renewable energy potentials o Explore opportunities for renewables in end-use sectors o Include renewable energy targets as part of their adaptation strategies

11 IRENA s Knowledge Base on Employment Leading the work on renewable energy jobs since

12 Growth of Renewable Energy Jobs to Date

13 Renewable Energy Jobs Today 28.8 million 2050

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16 Factors influencing Renewable Energy Employment Technological advances & falling costs (lower costs = more deployment) New capacity additions (jobs in project planning, manufacturing, construction & installation) Growth in cumulative capacity (jobs in operations & maintenance) Change in labor intensities (automation, economies of scale, learning effects) Deployment policies (FITs, auctions, fiscal measures, etc.) Industrial policies (credit, land, supplier capacity-building; incubators; clusters) Education and skill-training (matching labour demand and supply)

17 Thank you!