ECONOMY

IRENA aims to boost use of green power

A boat sails toward a wind farm in a scene that may be more common in Greece now that the country has joined a new international agency promoting renewable energy, IRENA. Deputy Development Minister Yiannis Bougas signed the agreement in Bonn, Germany, yesterday, making Greece one of the founding members of the group which aims to boost the use of renewable sources of energy around the globe. The founding members of IRENA will decide in June where the agency will be located. Germany is pushing for it to be based in Bonn, also the home of the secretariat of the UN Framework Convention on Climate Change (UNFCCC), the body tasked with crafting a new global climate deal in Copenhagen in December. The EU is aiming to use renewable sources for 20 percent of its energy needs by 2020.