Global renewable deployment beats records, but still falls short of tripling goal
To meet the target set at COP28, the world would need to add 1,122 GW of renewable capacity every year from 2025 onward.
Global renewable capacity additions reached an unprecedented 582 GW in 2024 – but still not enough to meet the COP28 target of tripling renewables to 11.2 TW by 2030.
This is according to a progress report on the Dubai pledge, released this week by the International Renewable Energy Agency (IRENA), the COP30 Brazilian Presidency, and the Global Renewables Alliance (GRA).