RE100, an initiative bringing together businesses committed to 100% renewable energy, urged governments to remove regulatory impediments to corporate clean energy procurement, claiming that regulatory barriers are impeding the business world’s shift to net zero emissions in its latest report.
RE100 now has 349 members across the globe.
According to the report, strong demand for renewables from corporates in Asia has contributed to its membership growth over the past year, with nearly two-thirds of sign-ups in the last 12 months coming from Asian companies. However, it warned that Asian markets had also been identified as regions where procuring renewables was proving the most problematic, with 27 members citing impediments to acquiring renewables capacity in South Korea, as well as 24 enterprises in Japan and 22 in China.
