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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.
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