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home about what we offer partners submit your project finvest projects events faq first time visitor explore our handy tools skip next search look for information across irena org skip next remember log in to the member section skip next up to date with irena get informed about news and updates renelant to your area of interests skip next clipboard here you can find interests items you have saved by exploring irena org close energy transition accelerator financing platform etaf an inclusive multi stakeholder climate finance platform to advance the global energy transition the etaf platform has obtained more than us 4 billion in pledges to support the energy transition by 2030 submit your project home context at cop28 the uae consensus was made to triple renewable power capacity and double energy efficiency by 2030 achieving this pathway requires annual investments of usd 5 trillion in the years 2025 2030 yet commitments remain insufficient leaving global south behind despite an agreement to triple climate finance for developing nations the level of investment needed to support just and effective energy transition is still unmet project facilitation plays a critical role in overcoming challenges and enabling access to climate finance it helps project developers improve readiness enhance their understanding of the funding criteria and attract concessional and commercial financing irena s initiative the energy transition accelerator financing platform etaf supports these efforts facilitating capital mobilization and providing technical assistance to help projects meet funding criteria and accelerate the energy transition in developing countries etaf supports projects aligned with the paris agreement etaf supports the implementation of ambitious national determined contributions ndcs to meet the paris agreement targets such as addressing mitigation adaptation and climate resilience united nations sustainable development goals sdgs etaf platform works actively towards achieving the united nations sustainable development goals sdgs while serving important national objectives such as energy access and security economic diversification and sustainable impact featured video irena s work on project facilitation and support the energy transition accelerator financing etaf platform is an inclusive multi stakeholder climate finance platform managed by irena to advance the global energy transition in developing economies learn more https www irena org energy transition partnerships etaf more videos 2023 all rights reserved