Renewables Revolution: Tripling Capacity Within Reach

Prior to the start of this year's COP event, in the now customary 'letter to parties', the COP28 president laid out four paradigm shifts that he believes the world will need to focus on to deliver on the Paris Agreement 1.5C pathway. This included a commitment to triple global renewable energy capacity by 2030 to enable the phase down of fossil fuels.

Now that COP28 is fully underway, energy think tank Ember have released a report analysing the renewable capacity and generation share targets for countries and regions representing over 90% of global renewable capacity, power sector emissions and electricity demand. The report shows that although encouragingly a large proportion of governments are already ahead of previous targets, a further shift in ambition will be required to meet this new 'tripling' commitment.