Eni and IRENA launch partnership to accelerate energy transition

In Italy, Eni and the International Renewable Energy Agency (IRENA) entered a three-year partnership agreement to collaborate in the promotion of renewable energy and accelerate the energy transition, particularly in countries that export fossil fuels.

In particular, Eni and IRENA will promote the integration of the African continent into the biofuel value chain through institutional capacity building, agribusiness and industrial development initiatives aimed at the production of advanced biofuels, helping the decarbonisation of the transport sector and promoting development opportunities.

Under the terms of the agreement, Eni and IRENA will work together to foster dialogue and share their experiences on accelerating energy transition and renewable energy development in fossil fuel exporting countries, as well as to identify barriers to private sector investment in renewable energy in countries where Eni operates and promote solutions in coordination with governments.