Global Renewable Energy Policies and Measures Database Provides Wealth of Information
A new database aims to make parsing of the mind-boggling array of different national and regional policies governing individual states' renewable energy sectors an easier and more approachable task. The Global Renewable Energy Policies and Measures Database, currently being developed by the International Energy Agency (IEA), the European Commission and the Johannesburg Renewable Energy Coalition, will offer renewable energy market and policy information for over 100 countries in one comprehensive format.
According to a report released by the UN Environment Program, over $100 billion of new money was invested into clean technology and the renewable energy sector. Because most firms allocate their funds based on a state's specific policy regime, enforcement standards and financial incentives, having one database that provides a thorough overview would be extremely beneficial.It will be freely accessible online and will provide a rich source of data for energy analysts, investors, policymakers and enthusiasts alike. Not only will users be able to search for information by country and policy tool, they will also have the ability to filter by renewable energy technology, renewable energy target and by market leadership positions.
Once the layout and basic infrastructure are completed, it will be easy to update the database with the most up-to-date statistics and figures. As we move towards a more integrated, international approach to reducing greenhouse gas emissions and adopting renewable energy standards, this database will prove to be an invaluable tool in facilitating future legislation and negotiations.
See also: ::China To Top U.S. in Greenhouse Gases This Year, ::ASU Announces New Renewable Energy Technology Program, ::Benchmark Study by Rand Concludes That Renewable Energy Could Hit The 25 Mark, ::India Considering Off-Grid Renewable Options for Rural Electrication