"Israel, the United Arab Emirates, and the United States are committed to exploring collective activities in multilateral settings in coordination with financial institutions and the private sector to enhance international investment in research and development and the rapid adoption of new energy technologies," the statement added.

International institutional investors that are the long-term owners of generation assets in other markets have generally been cautious about acquiring renewable assets in Australia, perceiving the risk/reward balance to be inferior to other investment opportunities.

Employment in renewable energy worldwide was estimated at 11.5 million in 2019, up from 11 million in 2018. Women hold 32% of these jobs.

A powerful coalition of some 70 major financial institutions on five continents with total financial assets of more than $10 trillion has come over to the environmental side

Nuclear has been left largely behind by booming demand for clean energy over the past decade.

Green hydrogen is beginning to have a main role in the energy strategies of many countries and companies. This molecule will have the capability of slowly displacing fossil fuels as a consequence of its versatility and gravimetric energy density.

A key result that also emerges from our work is that electricity markets must be modernised because existing market structures make investment in any unsubsidised low-carbon technology very difficult.

Germany has seen almost 48% of its gross electricity consumption provided from renewable energy thus far this year

Official greenhouse gas measurements place China as the world’s largest emitter, at almost 12,500 million tonnes a year,

Now, electric grids are increasingly decentralizing, giving rise to cloud-based systems that pool resources to meet fluctuating consumer demand.

Key risks for the renewables sector are reductions in direct subsidies and tax credits as observed in China, Europe, and the US, permitting barriers and a cloudier outlook for long-term electricity prices.

These goals are appropriately ambitious, while also realistic and achievable. Climate change mitigation is not a luxury but a necessity if we want to avoid a climate crisis.

Russia has 36 nuclear power units in operation and three new ones under construction. In March, Russia's Ministry for Economic Development published a draft strategy for low-carbon development to 2050. The strategy's basic scenario would see nuclear output grow from 203 TWh in 2017 to 225 TWh in 2030 and 260 TWh in 2050. State nuclear corporation Rosatom's foreign orders include 36 units, which are at various stages of implementation.

UAE strategy targets an energy mix of 44% renewables, 38% gas, 12% clean coal, and 6% nuclear.

Germany's law sets a legally binding target to achieve a carbon neutral power mix by 2050,