Abstract:

Policy makers, energy authorities, industry and civil society have an opportunity to align at the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) to agree global targets to triple renewable power generation capacity and double the energy efficiency improvement rate by 2030. This report consolidates high-level analysis of these targets, detailing existing shortfalls and identifying key enablers to resolve them. It represents global perspectives within the renewable energy and climate change space, with the COP28 Presidency, the International Renewable Energy Agency (IRENA) and the Global Renewables Alliance (GRA) uniting to provide concrete recommendations on the means to meet these renewable power and energy efficiency targets.