Carbon Free Energy

Goal

The Carbon-Free Energy Initiative is a multilateral initiative aiming to accelerate the deployment of carbon-free energy technologies and systems globally, achieving early energy transition and contributing to a net-zero future. It will focus on advancing commercially viable carbon-free solutions across all sectors, with a technology-agnostic approach.

The Carbon-Free Energy Initiative intends to:

• Enable both private and public sectors to source carbon-free energy, including electricity fuel, and feedstock for industrial processing
• Advocate for the establishment of institutional foundations by governments to support the diffusion of carbon-free energy utilization
• Promote global public-private and multilateral foundations on policies, measures, and the development of best practices

The CFEI will initially prioritize the following focus areas:

1. Decarbonising the Power Sector (Scope 2)
2. Decarbonising the Industrial Sector (Scope 1)
3. Narrowing the Climate Response Capacity Gap Between Countries

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