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Tripling Renewable Power and Doubling Energy Efficiency by 2030

Tripling Renewable Power and Doubling Energy Efficiency by 2030:IRENA, COP 28, GRA

Representing global perspectives within the renewable energy and climate change space, this report by the COP28 Presidency, IRENA and the Global Renewables Alliance (GRA) provides recommendations on the means to triple renewable power generation capacity and double the energy efficiency improvement rate by 2030.

 

COP28 has the vision to deliver on the pillars of the Paris Agreement,

focusing on specific action on fourparadigm shifts:
• fast-tracking the energy transition and slashing emissions before 2030;
• transforming climate finance, by delivering on old promises and setting the framework for a new deal on finance;
• putting nature, people, lives and livelihoods at the heart of climate action; and
• mobilising for the most inclusive COP ever.

 

KEY RECOMMENDATIONS

 

About The International Renewable Energy Agency (IRENA)

The International Renewable Energy Agency (IRENA) is an intergovernmental organisation, comprising
168 Member States and the European Union, that supports countries in their transition to a sustainable
energy future.

IRENA serves as a centre of excellence; a repository of policy, technology, resource and
financial knowledge; and the principal platform for international co-operation on renewable energy.

IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy,
including bioenergy, geothermal, hydropower, ocean, solar and wind energy, in the pursuit of a global
energy transition that delivers sustainable development, energy access, energy security and low-carbon
economic growth and prosperity.

 

About The Global Renewables Alliance (GRA)

The Global Renewables Alliance (GRA) represents the leading international industry associations across
renewable energy and serves as a unified renewable energy voice on a global scale.

The alliance was established in 2022 and comprises founding members, the Global Wind Energy Council, the Global Solar Council, the International Hydropower Association, the International Geothermal Association, the Long
Duration Energy Storage Council and the Green Hydrogen Organisation.

The GRA’s mission is to increase ambition and accelerate the uptake of renewable energy across the
world, in line with a credible 1.5°C pathway.

As such, it collaborates and communicates with governments, investors, civil society and other key stakeholders on collective actions which can enable the broad scaleup of renewable energy. While each country and region will adopt a nationally determined approach to the energy transition,

the GRA advocates for the acceleration of wind, solar, hydro and geothermal power, and essential technologies like long-duration storage and green hydrogen.

 

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