COP28 Tripling Renewable Capacity Pledge - Key Findings
Background information
Nearly 200 countries made major collective pledges on energy at the COP28 climate summit in Dubai with the aim of keeping within reach the Paris Agreement target of limiting global warming to 1.5 °C. For the first time, governments set key goals to help meet this objective, including tripling global renewable energy capacity by the end of this decade.
The IEA’s new report, COP28 Tripling Renewable Capacity provides a global stocktake of governments’ renewable capacity plans. The analysis – which covers more than 145 countries – explores whether recent trends in the deployment of renewables are in line with government ambitions and the goal of reaching 11 000 gigawatts (GW) of capacity by 2030.
It also provides regional insights; identifies key challenges for both advanced and emerging economies; and suggests priority areas for policy makers to close the implementation gap, particularly as they update their Nationally Determined Contributions, or NDCs, under the Paris Agreement.
This webinar will present the key findings of the report.