Article 1 
1. The Declaration of competences is hereby adopted on behalf of the Union and the text thereof is annexed to this Decision. 2. The Statute of the International Renewable Energy Agency (IRENA) (hereinafter referred to as ‘the Statute’), is hereby approved on behalf of the Union and the text thereof is attached to this Decision.
Article 2 
1. The President of the Council is hereby authorised to designate the person(s) empowered to deposit the instrument of ratification, on behalf of the Union, with the Government of the Federal Republic of Germany as depositary of the Statute in accordance with Article XIX and Article XX.A of the Statute in order to express the consent of the Union to be bound. 2. The President of the Council is hereby authorised to designate the person(s) empowered to deposit, on behalf of the Union, the Declaration of competences contained in the Annex, in accordance with Article VI.C of the Statute.
Article 3 
The Union shall pay an annual contribution to the International Renewable Energy Agency.
Article 4 
This Decision shall enter into force on the day of its adoption.