Global Renewable Energy Goals Lag Behind COP28 Targets
IEA report reveals current national ambitions fall short of tripling clean energy capacity by 2030 despite significant progress.
- Countries' current plans would only increase renewable energy by 2.2 times, not the targeted 3 times by 2030.
- Only 14 out of 194 countries have set explicit targets to boost renewable power as part of their official pledges.
- Solar and wind power are leading the surge in renewable energy, driven by decreasing costs and geopolitical factors.
- Experts warn that achieving these goals requires substantial investment in grid upgrades and energy storage.
- Significant progress in countries like China, Brazil, and Germany shows potential, but global commitments remain insufficient.