Carnegie to lead global business to UN’s clean energy goal

Carnegie Clean Energy (CCE) has been selected to lead global business in achieving the United Nation’s Sustainable Development Goal of affordable and clean energy.

CCE was selected by US State Department and Unreasonable Group which have formed a partnership called Unreasonable Goals with with the singular focus of accelerating and achieving the United Nation’s Sustainable Development Goals (SDGs) by leveraging market forces.

Michael Ottaviano, CEO of CCE, said: “The only way the international community can deliver its commitment to the SDGs is if business takes a leadership position to unlock the opportunities that these goals present.

“The International Renewable Energy Agency (IRENA) estimates that renewables could reach 45% of total global power generation by 2030. This equates to $605 billion per year more in revenue for renewables generators compared to business-as-usual.”

CCE said it will be joining the US State Department and 15 other companies from around the world in a two-week program next month to develop their strategies and partnerships in tackling each of the 16 SDGs.

The two-week program will bring together leaders from the US State Department, investors, mentors from organizations such as Tesla, GE, Google X, USAID, and multinationals to actively work with CCE and other companies in driving the achievement of the SDGs.

CCE will look to Asia to drive its clean energy strategy, specifically with microgrids and fringe of grid projects, which can deliver clean, reliable and affordable clean energy. The company is already working with small island states, having recently completed a roadmap for the Government of Mauritius on the pathway towards higher penetration of renewable energy.

SDGs, otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. They came into effect in January 2016, and they will continue guide United Nations Development Program policy and funding for the next 15 years.