COP28 in UAE to seek global pledge for tripling renewable energy by 2030

  • Date: 30-Oct-2023
  • Source: Gulf News
  • Sector:Oil & Gas
  • Country:UAE
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COP28 in UAE to seek global pledge for tripling renewable energy by 2030

Abu Dhabi: The UN Climate Summit COP 28 to be hosted by the UAE will seek a global pledge for tripling renewable energy and doubling energy efficiency by 2030 to reach the goals of the Paris Agreement.

The COP28 Presidency, the International Renewable Energy Agency (IRENA), and the Global Renewables Alliance (GRA) on Monday launched a joint report on the sidelines of the Pre-COP event in Abu Dhabi, titled “Tripling Renewable Power and Doubling Energy Efficiency by 2030: Crucial Steps Towards 1.5°C”.

The report provides actionable policy recommendations for governments and the private sector on how to increase global renewable energy capacity to at least 11,000 GW while also doubling annual average energy efficiency improvements in the target period. This falls under the COP28 Presidency’s Action Agenda objective of fast-tracking a just and orderly energy transition to keep 1.5°C within reach as per the Paris Agreement.

The report was launched on the sidelines of Pre-COP, a meeting held in Abu Dhabi a month ahead of COP28 for countries to lay the groundwork for negotiations at the global climate summit. The report aims to help guide parties on the key enablers required to meet the energy targets.

Pre-COP reports play a significant role in shaping