Makkah Police arrest two for promoting fraudulent Hajj campaign on social media    Saudi Chief of General Staff attends EFES 2024 multinational exercise in Turkiye    Saudi anti-corruption authority investigates 446 individuals, detains 112 in May    First direct flight from Dammam to Najaf arrives    ZATCA thwarts attempt to smuggle 6.5 million Captagon pills hidden in plus-size tires    Saudi Arabia provides $129 billion in aid to 169 countries since 1996    Saudi Arabia supports urgent Gaza aid and ceasefire in talks with US    Biden outlines three-phase proposal for Gaza ceasefire and hostage release    Al Hilal clinches King Cup in intense penalty shootout and dramatic final    Crown Prince awards King's Cup to Al Hilal    Yassine Bounou named Man of the Match after leading Al Hilal to King's Cup victory    Cristiano Ronaldo breaks down in tears after Al Nassr's cup final loss against Al Hilal    Saudi Arabia reports 7.3% rise in total revenue for 2023    Aramco acquires 40% stake in Gas & Oil Pakistan    ROSHN revamps Waterfront walkway in Jeddah    Transport minister opens 2nd Ring Road costing SR660 million in Jeddah    Diriyah Contemporary Art Biennale concludes with massive attendance    Man opens ice cream shop in seaside telephone box    Nepali climber sets record for fastest ascent of Mount Everest by a woman    World's rarest album to go on display in Australia    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



What will power the post-pandemic global economic recovery?
Published in The Saudi Gazette on 27 - 06 - 2020

As governments try to kick-start their economies, the UN is calling for recovery plans to be built around low-carbon technologies, to avoid a return to fossil-fuel based business as usual.
Islands at the forefront
Some of the countries and regions at the forefront of this wholescale shift to renewables are islands, where the need to avoid the significant cost of importing fossil fuels, such as oil and gas, provides added motivation.
Mauritius, for example, is planning to generate over a third of its electricity from renewable sources within the next five years. Projects supported by the UN Development Program (UNDP), will be an important part of this transition, bringing an additional 25 Mega Watts of solar power to Mauritius, including a mini-power grid in Agalega, one of the outer islands.
As well as reducing pollution, this shift to clean energy is expected to aid economic recovery, with new jobs in areas such as the production, installation, and maintenance of renewable energy equipment, from solar panel, to batteries and wind turbines.
Another added benefit is energy security: with such a high dependence on imported oil, price fluctuations can make budgeting difficult, and any interruption to supply can have serious consequences.
"Home-grown" energy from renewable sources can make the energy grid more reliable, and more resilient.
The Pacific US State of Hawaii is planning to go even further and become a trailblazer for the rest of the United States, by going completely renewable by 2045.
As Hawaii State Governor, David Ige, explained to UN News, their commitment is now moving to the mainstream: "At the time we enacted the law to commit to 100 per cent renewables, no other community had done anything similar and at the National Governors' Association, people were generally very surprised.
They thought that it was so beyond possible that it was a foolish undertaking. Now, California has embraced the commitment to 100 percent clean renewable energy and other states are contemplating doing the same. I'm proud that Hawaii has really inspired other states and communities."
Time to change the entire energy system
As economies recover post-pandemic, following these examples will be essential to turn the tide and, as a new report from REN21 — a renewable energy think tank that includes the UN Environment Program (UNEP) and UN Development Program (UNDP) amongst its members — shows, remarkable progress has been made by the renewable energy industry, where costs are falling, and clean energy use is increase.
However, this good news is currently offset by the fact that global energy use is rising, and is being powered, in the main, by fossil fuels. Following the release of the report, on June 16, Rana Adib, REN21's executive director, underlined the fact that the pandemic-related emissions drop barely makes a dent in the long-term problem of climate change, and an overhaul of the entire energy system is needed:
"Even if the lockdowns were to continue for a decade, the change would not be sufficient. At the current pace, with the current system and current market rules, it would take the world forever to come anywhere near a no-carbon system."
The report warns that many recovery programs include commitments to stick with dirty, polluting fossil fuel systems: whilst some countries are phasing out coal, others continue to invest in new coal-fired power plants.
In addition, funding from private banks for fossil fuel projects has increased each year since the signing of the 2015 Paris climate agreement, totaling some $2.7 trillion over the last three years.
"Some directly promote natural gas, coal or oil. Others, though claiming a green focus, build the roof and forget the foundation," warned Adib. "Take electric cars and hydrogen, for example. These technologies are only green if powered by renewables."
Clean is cost-effective
Nevertheless, Mauritius and Hawaii show that a green option is not only possible, but actually a better deal than a fossil-fuel based recovery plan, especially when the true costs, including air pollution, climate change effects and traffic congestion, are factored in.
A new book from the World Bank, Technology Transfer and Innovation for Low-carbon Development, shows that most of the emissions reductions needed to keep global warming to 1.5 degrees above pre-industrial levels, can be achieved if existing, commercially proven low-carbon technology is adopted on a massive scale.
As Inger Andersen, the executive director of the UN Environment Program (UNEP), explains, "Renewables are now more cost-effective than ever, providing an opportunity to prioritize clean economic recovery packages and bring the world closer to meeting the Paris Agreement Goals. Renewables are a key pillar of a healthy, safe and green COVID-19 recovery that leaves no one behind."
When Global Trends in Renewable Energy Investment 2020, a report from UNEP, The Frankfurt School, and Bloomberg New Energy Finance, was released in June, it further underlined the plummeting costs of clean energy, highlighting the fact that "putting these dollars into renewables will buy more generation capacity than ever before", and help countries deliver on stronger climate action.
"If governments take advantage of the ever-falling price tag of renewables to put clean energy at the heart of COVID -19 economic recovery, instead of subsidizing the recovery of fossil-fuel industries," said Andersen, "They can take a big step towards clean energy and a healthy natural world, which ultimately is the best insurance policy against global pandemics."
An opportunity for a cleaner world
The economic slowdown resulting from the COVID-19 pandemic has seen a significant fall in harmful greenhouse emissions and, according to the International Energy Agency (IEA), 2020 will see a drop of around eight percent.
This has given us an idea of what a cleaner world might look like, but it is only a temporary respite: it has also had devastating consequences, including the shuttering of entire sectors, and unemployment for millions of people.
Now, with countries and regions like Mauritius and Hawaii investing in policies, programs and initiatives to get people back to work, there is an opportunity for a more sustainable approach, with renewable technologies at its heart.
The question is whether the international community will seize this opportunity, or stick with the devil they know. — UN News


Clic here to read the story from its source.