International Agency Promoting Renewable Energy
2008 November 15
The International Renewable Energy Agency (IRENA) will integrate regional clean energy progress into a coordinated, global effort. It will provide political recommendations, and identify funding for renewable technologies. Moreover, IRENA will seek to even the playing field for countries that have had difficulty affording investment in renewable energy. To this end, the agency will fund its budget with contributions by member-countries on a sliding scale with unindustrialized countries paying less.
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