US EditionRecord Global Renewable Energy Growth Remains Short of Climate Target, Report Says
Global renewable capacity grew by a record 582 GW in 2024 but must nearly double annual additions to 1,122 GW to meet 2030 UAE Consensus targets, IRENA says.
- On Tuesday, the International Renewable Energy Agency with the COP30 Brazilian Presidency and Global Renewables Alliance reported the world is moving too slowly on renewables and efficiency to meet climate goals.
- Because of underinvestment and supply issues, the authors identify underinvestment, grid infrastructure delays, supply‑chain fragility and regulatory hurdles as structural and systemic bottlenecks, urging developed economies to meet a $300 billion annual finance floor and scale toward the $1.3 trillion aspiration.
- Despite a 15.1% rise, the data show global renewable capacity additions reached 582 GW in 2024, but annual additions must rise to 1,122 GW per year from 2025 to meet the UAE Consensus.
- United Nations Secretary‑General Antonio Guterres warned `Renewables are deployed faster and cheaper than fossil fuels — driving growth, jobs, and affordable power. But the window to keep the 1.5°C limit within reach is rapidly closing,` the report cites.
- In the run‑up to COP30, authors recommend setting more ambitious, binding renewable and efficiency targets to achieve the UAE Consensus of 11.2 terawatts by 2030.
11 Articles
11 Articles
Record global renewable energy growth remains short of climate target, report says
A record amount of renewable energy capacity was added globally last year, but that still left countries short of targets towards meeting a U.N. climate goal to triple capacity by 2030, a report by global renewable groups shows.
New Report Finds Clean Energy Progress Lagging Despite Record 2024 Growth
A new report issued on Tuesday by the International Renewable Energy Agency (IRENA), in collaboration with the COP30 Brazilian Presidency and the Global Renewables Alliance (GRA), claims that the world is moving too slowly on renewable energy and efficiency to meet its near-term climate goals. Launched at a high-level event in Brasília ahead of COP30, the report titled Delivering on the UAE Consensus: Tracking progress toward tripling renewable …
Windtech International - Global renewable energy growth must accelerate to meet 2030 targets
Despite record additions to renewable energy capacity in 2024, the world is still falling behind on its climate and efficiency goals, according to a new report from the International Renewable Energy Agency (IRENA), the COP30 Brazilian Presidency, and the Global Renewables Alliance (GRA). Global renewable capacity grew by a record 582 GW last year. However, to meet the COP28 UAE Consensus target of tripling renewables to 11.2 TW by 2030, annual …
ABU DABI – Although the world breaks records in the installation of clean energy, it is still far from meeting the ambitious climate goals agreed two years ago in this capital, warned a new report presented by the International Renewable Energy Agency (Irena). Francesco La Camera, director general of Irena, said that “we have broken [...]
power-technology.com
Energy MonitorGlobal renewable energy needs acceleration to meet 2030 goal, states report
A new report released by the International Renewable Energy Agency, the Conference of Parties 30 (COP30) Brazilian Presidency, and the Global Renewables Alliance claims that despite achieving record progress last year, the world is still lagging in meeting its renewable energy and efficiency targets.
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