The International Energy Agency (IEA) has issued a stark warning: nations worldwide are not on track to meet their ambitious renewable energy targets set for 2030. As part of global efforts to combat climate change, the United Nations aimed to triple renewable energy capacity by the end of this decade.
However, the IEA's latest analysis, which reviews policies, plans, and estimates from nearly 150 countries, indicates that only 8,000 gigawatts (GW) of renewable power capacity are expected to be achieved by 2030. This falls significantly short of the 11,000 GW pledged during the COP28 climate talks held in Dubai last year.
\"Countries' ambitions and implementation plans are not yet in line with the key goal set at COP28,\" the IEA stressed. This shortfall poses a considerable challenge in limiting global warming to 1.5 degrees Celsius above pre-industrial levels, a critical threshold to mitigate the most severe impacts of climate change.
The gap between current projections and the established goals underscores the need for accelerated action and enhanced cooperation among nations to bolster renewable energy investments and infrastructure.
Reference(s):
cgtn.com