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    Home » Climate: the IEA urges countries to accelerate the implementation of their renewable energy plans.
    Energy Transition and Renewables

    Climate: the IEA urges countries to accelerate the implementation of their renewable energy plans.

    6 June 2024No Comments2 Mins Read
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    The International Energy Agency (IEA) has recently urged countries to intensify their efforts to develop renewable energy in order to achieve the global goal of tripling capacities by 2030. This goal is crucial for limiting climate warming. Currently, the ambitions of 150 countries total about 8,000 gigawatts (GW), well below the 11,000 GW needed. Since the Paris Agreement in 2015, renewable installations have increased by an average of 11% per year, reaching a record increase of 50% in 2023.

    The IEA emphasizes the importance of this energy transition to meet global climate goals and calls for an acceleration of investments in renewable infrastructure. This includes the development of solar, wind, hydro, and other sustainable energy sources. The agency highlights the need for robust government policies and economic incentives to support this growth. Investments in research and innovation are also essential to improve efficiency and reduce the costs of renewable technologies.

    The progress made so far demonstrates the potential of renewable energies to transform the global energy landscape. However, the IEA warns that concerted efforts are needed to overcome the remaining challenges and achieve the required capacity levels. Governments, businesses, and communities must work together to develop sustainable solutions and accelerate the energy transition.

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