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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Experts say COP30 failed to deliver concrete commitments on fossil fuels and deforestation despite high expectations.
Brazilian President met with ministers from African and small island states on Wednesday (19 November) at the COP30 summit to push for early agreements on some of the most contentious issues in global climate talks, including fossil fuels and climate finance.
Azerbaijan has officially handed over the COP chairmanship to Brazil.
President Kassym-Jomart Tokayev announced that Kazakhstan will host the Central Asian Regional Climate Summit in April 2026, in partnership with United Nations agencies. He also extended an invitation to participants of the Third UN Conference on Landlocked Developing Countries to attend the event.
Firefighters were clearing the charred ruins of a Karachi shopping mall in Pakistan on Tuesday (20 January) as they searched for people still missing after a fire that burned for nearly two days and killed at least 67 people, police said.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
Trilateral negotiations between Ukraine, Russia and the U.S. entered a second day in Abu Dhabi on Saturday, following an initial round of talks described by officials as productive.
Iran will treat any military attack as an “all-out war,” a senior Iranian official said on Friday, as the United States moves additional naval and air assets into the Middle East amid rising tensions.
Several people, including children, were reported missing in New Zealand's north island on Thursday after a landslide struck a coastal campsite amid heavy rain that caused evacuations of people to safety, road closures and widespread power outages.
At least four people were killed on Tuesday as floods swept across Tunisia during the worst torrential rain for more than 70 years in some regions, and there were fears the death toll could rise, authorities said.
The world has already entered an era of global water bankruptcy, with irreversible damage to rivers, aquifers, lakes and glaciers pushing billions of people into long-term water insecurity, according to a major United Nations report released on Tuesday.
Chilean President Gabriel Boric declared a state of catastrophe in two southern regions of country on Sunday as raging wildfires forced at least 20,000 people to evacuate and left at least 19 people dead.
A landmark global treaty to safeguard biodiversity in the high seas came into effect on Saturday, providing countries with a legally binding framework to tackle threats and meet a target to protect 30% of the ocean environment by 2030.
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