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This will be particularly impactful in emerging and developing markets across Asia, Africa and Latin America, where many RE100 members have significant operations but limited options for sourcing renewables. Given the common interests and shared objectives of both partners, the MOU paves the way for a cooperative approach to addressing the barriers to corporate sourcing of renewable electricity. This will include joint efforts to encourage greater ambition among private companies of all sizes to power their operations with 100 per cent renewable electricity, and to streamline procurement processes in private markets for wind and renewable power.