The International Energy Agency (IEA) has stated that the goal to triple global renewable energy capacity by 2030 is within reach. Strong investments in solar, wind, and other renewable sources are driving rapid growth.
A goal to triple global renewable energy capacity by 2030 and cut fossil fuel use is within reach, the International Energy Agency said in a report on Tuesday, but will require a huge push to unlock bottlenecks such as permitting and grid connections.
The report comes as leaders from government and business come together at New York Climate week to try to drive forward action against climate change.
Almost 200 countries at the COP 28 climate summit in Dubai last year agreed to reach net zero emissions from the energy sector by 2050 and pledged to triple renewable energy capacity like wind and solar.
The IEA said the renewable energy goal “is within reach thanks to favourable economics, ample manufacturing potential and strong policies,” but said more renewable capacity by itself would not slash fossil fuel use and reduce costs for consumers.
“To unlock the full benefits of the tripling goal, countries need to make a concerted push to build and modernise 25 million kilometres of electricity grids by 2030… The world would also need 1,500 gigawatts (GW) of energy storage capacity by 2030,” the IEA said.
Countries at COP 28 also pledged to double energy efficiency measures to help curb power use, but this target will require governments to make efficiency much more of a policy priority.
Countries must embed the renewable and energy efficiency goals in their national plans to meet goals set under the Paris climate agreement, the IEA said.
Emissions from the global energy sector hit a record high last year.
Tripling renewable energy capacity and doubling energy efficiency measures to reduce power use could reduced global greenhouse gas emissions by 10 billion metric tons by the end of the decade compared with what is otherwise expected, the report said.
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Armenia could lose its voting rights within the Collective Security Treaty Organization (CSTO) on 11 November after failing to pay membership fees for more than two years, Russian Foreign Minister Sergey Lavrov has said.
U.S. envoy Jared Kushner said Washington believes the Russian President is prepared to reach a peace agreement under the right conditions, as U.S., Russian and Ukrainian delegations began trilateral talks in Abu Dhabi on Tuesday 10 November.
Uzbek President Shavkat Mirziyoyev has allocated $10 million to reinforce the Afghan banks of the Amu Darya River, where erosion threatens farmland and homes, the Afghanistan Chamber of Commerce and Investment (ACCI) said after talks in Balkh on Tuesday.
Extreme heat is threatening agricultural production and food security in Pakistan's eastern Punjab province, where increasingly frequent and severe heatwaves are disrupting farming, damaging livestock and reducing household incomes.
Global temperatures are projected to rise by up to 2.8°C above pre-industrial levels by 2100 under current climate policies, according to a United Nations report published on 21 October, raising concerns about the world's ability to meet international climate targets.
Cyclone Murasu struck India's eastern coast on Tuesday, bringing powerful winds and forcing thousands to evacuate, just a week after another deadly storm battered the region, the country's weather department said.
The world's richest 0.1 per cent, just eight million people, produce more carbon emissions through their consumption than the poorest 3.5 billion people combined, according to an Oxfam report released on 27 October 2026.
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