31 partners, including 25 global utilities and power companies that collectively serve more than 250 million customers, united for a joint commitment to advance electrification, renewables-ready grids, and clean energy deployment in line with 2030 Breakthrough goals and a net zero future by 2050.
The companies formed the Utilities for Net Zero Alliance (UNEZA) as a vehicle for implementation and requested the International Renewable Energy Agency (IRENA) to lead the secretariat. The utility companies will work to address impediments to the net zero pathway framed within IRENA’s World Energy Transitions Outlook and reflected in the 2030 Breakthroughs led by the UN Climate Change High-Level Champions.
Its primary focus is on promoting the accelerated adoption of renewables and building the necessary infrastructure, while also offering a platform for joint efforts to address supply chain bottlenecks, support the flow of capital to the power sector transformation in the global south, and engagement with policymakers and regulators.
The Alliance will be facilitated by strategic partners IRENA and the UN Climate Change High-Level Champions. The World Economic Forum (WEF), International Electrotechnical Commission (IEC), Global Renewables Alliance and Coordinador Eléctrico Nacional, will support as ecosystem partners.