Leading energy buyers, suppliers, solutions providers and governments announced the formal launch of the 24/7 Carbon-free Energy Compact in partnership with Sustainable Energy for All and the UN Energy. The Compact represents a new global effort to accelerate the transition to a carbon-free electricity sector to mitigate the worst impacts of climate change. SEforALL and Google made the announcement today during the United Nations High level Dialogue on Energy in New York. In addition to Google and EDP, founding signatories of the Compact include AES, Orsted, the city of Des Moines, Iowa, the government of Iceland, and others.Besides EDP, founding signatories of the Compact include: 8 Rivers Capital, The AES Corporation, ClearTrace, the city of Des Moines, Iowa, EDP, Energy Tag, Fervo Energy, FlexiDAO, Google, the government of Iceland, Iron Mountain, the city of Ithaca, New York, LevelTen Energy, M-RETS, Orsted, Power Ledger, Tomorrow, and X. Signatories of the Compact commit to advance the procurement practices, market mechanisms, policies, technologies, and energy data transparency needed to enable the rapid and cost-effective achievement of 24/7 carbon-free energy for all.A carbon-free electricity sector is the foundation for creating a net-zero emissions global economy. Electricity generates 25% of the world’s greenhouse gas emissions and is key to decarbonizing other sectors of the economy, including buildings, transport, and industry. Meeting this challenge will require a rapid acceleration in the pace of clean energy deployment, the development of advanced carbon-free energy technologies, and significant policy changes.SEforALL and Google are calling on companies, governments, and other stakeholders to join the Compact in the lead up to November’s COP26 Conference in Glasgow and commit to advancing policies, procurement practices, tools, and data that are critical to fully decarbonizing the world’s electricity systems. The Compact lays out a set of principles and actions that actors can take to adopt, enable, and advance 24/7 Carbon-free Energy, focusing on hourly decarbonization of local and regional electricity grids.