New joint report points way to 11 000 GW of global renewable energy capacity

The COP28 presidency, the International Renewable Energy Agency (Irena) and the Global Renewables Alliance (GRA) have launched a joint report on the sidelines of the Pre-COP event in Abu Dhabi, titled ‘Tripling Renewable Power and Doubling Energy Efficiency by 2030: Crucial Steps Towards 1.5 °C’. The report, launched on October 30, provides actionable policy recommendations for governments and the private sector on how to increase global renewable energy capacity to at least 11 000 GW while also doubling yearly average energy efficiency improvements in the target period. This falls under the COP28 Presidency’s action agenda objective of fast-tracking a just and orderly energy transition to keep 1.5 °C within reach.