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Fossil fuel-based energy have a serious impact on climate change and environment. For the sustenance of the environment, fossil-free energy system is a reliable way forward. The transition from fossil fuel-based energy to fossil fuel free energy can result in increased socio-economic development and regional value creation. Renewable energy is more cost effective than ever. It provides a unique opportunity to prioritize clean energy in economic recovery packages for industries. Read more about this here: https://de.energy/blog/renewable-energy-investment-portfolio-as-a-new-investment-strategy
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Distributed Energy - Building a resilient future through Renewable Energy Investments May 2021
Distributed Energy Overview Distributed Energy is a development and aggregation platform that connects renewable energy projects, primarily solar with funders. We accelerate the deployment of renewable energy (solar) across the developing world.
Introduction In a post pandemic world, we’ve come to truly see the overall resiliency of the systems we’ve had in place for decades – whether it be social, environmental, political or economic structures. As a society, we’ve become too complacent with our business-as-usual approach that effectively has had devasting implications for the world we live in. If the battle humanity is waging against COVID-19 can be described as the preliminary round, around the corner we have a more pressing and much bigger issue that has slowly, yet consistently been chipping away at our heels. We’ve been hearing about climate change, its ramifications and steps to address it for quite some time now. Unfortunately, even though policies and regulations aimed at curtailing the use of fossil fuel-based sources and advocating for sustainable business practices have come into effect, the rate at which these are being implemented is lagging significantly behind the actual damage being done to our environment.
A Fossil-free Energy System A fossil-free energy system is a way forward we need to consider, not only because these depleting resources will run out at some point, but also because the transition will result in increased socio-economic development and regional value creation. While it won’t be easy shifting to 100% renewable energy across all sectors, an updated and comprehensive framework needs to be put into place on a country-to-country level to facilitate this transition. Renewable energy is more cost effective than ever. This provides a unique opportunity to prioritize clean energy in economic recovery packages for industries severely affected by COVID-19 and bring the World closer to meeting the Paris Agreement targets. Many companies have already been able to package renewable energy projects into attractive investment opportunities for investors looking to invest with their values. The likes of Distributed Energy, offer a platform that allows investors to participate in renewable energy investments in the developing world.
Conclusion Renewables are now firmly embedded in the power generation sector, but only represent 26.3% of total electricity produced. Looking back, between 2010-2019 there is certainly a trend of heavy investment, with a recent World Bank report providing evidence that a total of $2.6 trillion has been invested in renewable capacity development. While this demonstrates huge and lasting progress, the pace must increase if we are to address the climate crisis and bring new opportunities to energy poor communities. To understand further about the scope of investment opportunities in renewable energy, one can learn more at Distributed Energy.
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