Although Nationally Determined Contributions (NDCs) are key to decarbonisation, current NDCs only amount to 1 300 GW, or 12%, of the renewable energy capacity needed to meet the objective of tripling renewable energy as set at the COP28 conference.
At COP28, nearly 200 countries pledged to triple the world’s renewable power capacity this decade, which is one of the critical actions to keep alive hopes of limiting global warming to 1.5 ˚C.
