THE STATUTE OF THE INTERNATIONAL RENEWABLE ENERGY AGENCY (IRENA): A ROAD SET FOR THE PROMOTION OF RENEWABLE ENERGY

摘要

The importance of renewable energy in addressing climate change and energy needs is well acknowledged. Climate change becomes prevalent with the increase in fossil fuel combustion, industrial activities, deforestation and other anthropogenic activities. At international level, many forums have emerged for the generation of ideas on the promotion of renewable energy. Bilateral and multilateral bodies have been playing varied roles in the awareness, development of capacity building, investment and funding in renewable energy. The establishment of IRENA and the coming into force of the Statute of IRENA give credence to the important role of renewable energy. The pace and road to enhance international co-operation and promotion in the development of renewable energy and the gradual emergence of an all-encompassing treaty on renewable energy can be said to have been set through the Statute of IRENA.