Malta joins international ‘Lighthouse Initiative’ strengthening commitment towards renewable energy

Published by
The Malta Business Weekly

Malta has underscored its commitment to advancing renewable energy and sustainability initiatives during a series of meetings held on the fringes of the IRENA General Assembly. Represented by Minister for the Environment, Energy and Regeneration of the Grand Harbour Miriam Dalli, Malta is pushing for stronger policies in favour of renewable energy amongst small island states.

The 14th session of the International Renewable Energy Agency (IRENA) Assembly is meeting in Abu Dhabi, bringing together over 144 nations to outline the priorities for the energy transition and push forward immediate actions to increase renewable power capacity.

Malta also joined the Small Island Developing States (SIDS) Lighthouse Initiative to help forge alliances with developing states that share common challenges. The initiative aims to enhance collaboration on renewable energy, expedite energy transition in SIDS, fortify climate resilience, and contribute to the attainment of the SDGs. As a result, Malta was asked to join and share its experiences.

“Malta is committed to implementing policies that promote the use of renewable energy. By joining this initiative, we are collaborating with other countries who share the same vision. Together, we can exchange knowledge and experiences to find ways to increase the share of renewable energy despite a country’s physical limitations,” Minister Miriam Dalli said.

The minister held a bilateral meeting with IRENA’s Director-General Francesco La Camera. The discussions centred on how Malta’s strategic position and resources could be utilised to support the broader objectives of the IRENA SIDS Initiative. Both parties emphasised the significance of integrating Malta’s expertise to assist other member states, especially those facing similar geographic and environmental challenges.

In comments following the meeting, she said, “The policies that we are developing as a nation have been well-received and are being viewed as positive examples for small countries and other island states like us. We are currently in talks with IRENA to explore the emerging technologies that can fit our islands. Since islands are unique in comparison to larger nations, we require specific technology to provide us with the flexibility and innovation necessary to meet our needs.”

Malta was also invited to take part in a roundtable discussion, bringing together leaders from 13 island nations and representatives from the United Nations and the World Bank. The discussion focused on renewable energy applications, financing, and climate resilience, among others, providing key insights into the unique challenges island nations face, such as financial accessibility, supply chain vulnerabilities, and the necessity of robust infrastructure.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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