Net Zero World 2024 Achievements

Summary

The Net Zero World initiative, a flagship U.S. effort launched at COP26, partners with 8 countries—Argentina, Chile, Egypt, Indonesia, Nigeria, Singapore, Thailand, and Ukraine—to accelerate clean energy transitions. In 2024, the initiative engaged 10 U.S. DOE national laboratories and 9 U.S. government agencies, providing technical collaboration, advanced modeling, and investment mobilization support. Key achievements include projections for up to 97% power sector emissions reduction in Argentina's Tierra del Fuego, an expected $4–$6 billion investment opportunity for a 10-GW offshore wind roadmap in Chile, and over $300 million mobilized for converting 276 MW of diesel island systems to renewables in Indonesia. Furthermore, Net Zero World has facilitated the deployment of 8 MW of renewable embedded generation in Nigeria and supported Ukraine's 10-MW Merefa mini-grid project with an estimated capital requirement of $9–$12 million. The program has trained almost 400 individuals across over 30 institutions, building local capacity for decarbonization.

Key Facts

Source Document

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