A report published Monday ahead of the COP28 climate summit in Dubai is calling for the tripling of the world’s renewable energy capacity to 11,000 gigawatts by 2030 as a crucial step to limit global warming to 1.5 degrees Celsius.
The report was jointly written by the COP28 Presidency, the International Renewable Energy Agency and the Global Renewables Alliance and released at a meeting in Abu Dhabi laying the groundwork for climate negotiations, opening late next month.
At the end of last year, the world had a renewable generation capacity of 3,372 GW, according to IRENA.
Monday’s call echoes a similar recommendation by the International Energy Agency, which said in July that tripling clean energy capacity by the end of this decade is vital to keep the 1.5C goal within reach.
It also follows a pledge by Group of 20 leaders in September to triple the deployment of renewables over seven years.
COP28 president Sultan Al Jaber said tripling the deployment of renewable power generation and doubling energy efficiency are among the most important levers to cut greenhouse gas emissions.
“I am now calling on everyone to come together, commit to common targets, and take comprehensive domestic and international action, as outlined in this report, to make our ambitions a reality,” Al Jaber wrote in the foreword to the report.
The report, which draws extensively on IRENA’s World Energy Transitions Outlook published in June, aims to help guide stakeholders on the “key enablers” required to meet the renewables targets.
They include infrastructure and system operation, policy and regulation, supply chains, skills and capacities, finance and international collaboration.
COP28 will run from Nov. 30 through Dec. 12.
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–Reporting by Abdul Latheef, [email protected]; Editing by Michael Kelly, [email protected]
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