Income Investing Insider
  • Economy
  • Business
  • Investing
  • Stock
No Result
View All Result
  • Economy
  • Business
  • Investing
  • Stock
No Result
View All Result
Income Investing Insider
No Result
View All Result
Home Stock

IRENA head highlights biofuels and community involvement ahead of COP30

October 27, 2025
in Stock
IRENA head highlights biofuels and community involvement ahead of COP30

Sustainable biofuels and the social implications of the energy transition will take center stage at the upcoming United Nations climate summit, COP30, according to Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA).

The thirtieth session of the Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) is scheduled to take place from November 10-21 in Belem, Brazil. 

This pivotal international summit will gather world leaders, policymakers, scientists, and civil society representatives to address the pressing global challenge of climate change.

COP30 theme

A key objective of COP30 will be for participating nations to present updated National Climate Commitments, often referred to as Nationally Determined Contributions (NDCs). 

These NDCs outline each country’s plans for reducing greenhouse gas emissions and adapting to the impacts of climate change, reflecting their highest possible ambition. 

The summit will provide a crucial platform for countries to demonstrate their progress since previous conferences and to commit to more ambitious targets in line with the goals of the Paris Agreement, particularly the aim of limiting global warming to well below 2 degrees Celsius, and preferably to 1.5 degrees Celsius, above pre-industrial levels.

Furthermore, COP30 will involve a comprehensive assessment of the progress made on renewable energy targets that were established at prior summits. 

This includes evaluating the deployment of renewable energy technologies, the development of supportive policies, and the mobilisation of financing for a global transition away from fossil fuels. 

Biofuel pledge

La Camera expects a biofuel pledge to be included in the final declaration, possibly as a target to quadruple production by 2035 or to establish a specific share for sustainable aviation fuel within the overall energy mix, according to a Reuters report.

“I think there will be more focus on the social aspect of the transition and also on the sustainable use of biomass,” La Camera was quoted in the report as saying on the sidelines of the Singapore International Energy Week event.

IRENA has launched an agreement with the International Civil Aviation Organization to promote biofuel manufacturing. This initiative follows the preparation of a biofuel report by the agency for the conference.

La Camera announced that the upcoming conference would be dedicated to exploring and facilitating community involvement in renewable energy initiatives. 

The focus will be on developing strategies and frameworks that empower local communities to actively participate in the planning, development, and implementation of sustainable energy projects. 

La Camera further announced that IRENA now anticipates a reduced deficit in renewable energy installations by 2030, attributing this to the quicker rate of new additions.

The projected shortfall for global renewable capacity by 2030, in relation to the COP28 target of 11.2 terawatts, has decreased to 0.9 terawatts. This marks an improvement over last year’s projection of a 1.49 terawatt shortfall.

At the 2023 COP28 climate summit in Dubai, over 100 nations committed to tripling renewable energy capacity by 2030 to help achieve global climate goals. 

According to a recent IRENA report, meeting this 2030 target necessitates an annual growth rate of 16.6% from 2025 onwards.

The post IRENA head highlights biofuels and community involvement ahead of COP30 appeared first on Invezz

Previous Post

Is the Stoxx 50 Index a buy ahead of top European earnings?

Next Post

Trump-Xi meeting: US rules out 100% tariff on China as trade deal consensus reached

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Disclaimer: incomeinvestinginsider.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Recent News

    Trump-Xi meeting: US rules out 100% tariff on China as trade deal consensus reached

    Trump-Xi meeting: US rules out 100% tariff on China as trade deal consensus reached

    October 27, 2025
    IRENA head highlights biofuels and community involvement ahead of COP30

    IRENA head highlights biofuels and community involvement ahead of COP30

    October 27, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 incomeinvestinginsider.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contacts
    • Email Whitelisting
    • Home 1
    • Privacy Policy
    • Terms and Conditions
    • Thank you

    Copyright © 2025 incomeinvestinginsider.com | All Rights Reserved