📋 Tender Overview
The G20 Energy Transitions Working Group (ETWG), chaired by Brazil's Minister of Mines and Energy, Alexandre Silveira, approved this (4/10), during a ministerial meeting, a joint declaration that provides support for the implementation of efforts to triple renewable energy capacity and double the global average annual rate of improvements in energy efficiency globally through existing targets and policies, in addition to similarly supporting the implementation with respect to other zero-emission and low-emission technologies, including reduction and removal technologies, according to national circumstances by 2030.
The document contains commitments aimed at increasing energy security and accelerating clean, sustainable, fair, affordable and inclusive energy transitions. Alexandre Silveira emphasized that the outcome of the work is the fruit of dialogue and diplomacy, recognized as a characteristic of the Brazilian government led by President Lula. The ETWG had not signed a declaration of commitments since 2021. The ministerial meeting concluded the GT's work week in Foz do Iguaçu.
“As the world’s largest economies, we have the resources, knowledge and capacity to lead the energy transition. But this leadership requires more than words; it requires concrete and, above all, immediate actions. Only with cooperation, courage and a common vision can we achieve this transformation in a fair and balanced manner. We can no longer postpone the decisions that need to be made today. With this, we can be proud and tell the world that this group has reached consensus on issues that are so important for safeguarding the planet,” highlighted Alexandre Silveira.
To achieve the goal of tripling renewable energy capacity, the group recognized the need to adopt multiple approaches to increase system flexibility and stability, according to national circumstances, including demand management, flexibility retrofitting, and expansion and modernization of grid infrastructure, backup and balancing capabilities. The declaration emphasizes the importance of accelerating the scale-up of energy storage technologies, including batteries and pumped hydro. The document also highlights energy efficiency and energy savings as a priority fuel and calls on G20 members to lead in creating an international environment conducive to global energy transitions.
