Greenalia joins Renewables Alliance, the initiative to curb global warming and increase renewables

• The alliance has more than 250 international organizations that have joined together to bring to COP28 a set of measures to be implemented by 2030 to curb global warming

 Greenalia joins the Global Renewables Alliance initiative. An alliance currently formed by more than 250 organizations and companies that ask world leaders and signatories of the Paris Agreement for an urgent change of course to curb the temperature increase and move towards a climate path of 1.5 ºC.

According to the International Renewable Energy Agency’s World Energy Transitions Outlook (WETO) 2023 report, an immediate change of course is needed this decade to limit global warming to 1.5°C. This requires a tripling of total global renewable energy capacity by 2030 to at least 11,000 GW and a doubling of energy efficiency improvement rates.

Joining this initiative is a commitment to energy transition plans, both with concrete interim targets for 2030 and future targets to consolidate the industry around green energy. A transformation aligned with Sustainable Development Goal 7 to achieve a just and orderly energy transition and provide affordable, reliable, sustainable, and modern energy for all by 2030.

Greenalia’s incorporation into this global alliance comes after ratifying its strong commitment to the fight against climate change, bringing forward the goal of achieving net zero emissions by 2040, ten years ahead of the global commitment, as reflected in the participation in The Climate Pledge. Also, in line with this important challenge, we are adhering to the Science- Based Targets initiative to reduce our Scope 1 and 2 emissions by 25% by 2020-2030 and measure our Scope 3 emissions.