The International Renewable Energy Agency (IRENA) convened its 28th Council meeting in Abu Dhabi recently, the last before the 29th Conference of the Parties (COP29).
Over the next two days, IRENA Members are expected to discuss critical topics related to the energy transition, including progress towards tripling renewable energy capacity and doubling energy efficiency by 2030, as outlined in the Outcome of the First Global Stocktake.
A recently published IRENA report, Delivering on the UAE Consensus: Tracking Progress Toward Tripling Renewable Energy Capacity and Doubling Energy Efficiency by 2030, in collaboration with COP28 and COP29 Presidencies, the government of Brazil (host of COP30), the Ministry of Energy of Azerbaijan and the Global Renewables Alliance (GRA), confirms that current national plans are projected to deliver only half of the required growth in renewable power by 2030 to limit rising global temperatures to 1.5°C.
“The 1.5°C target is still within reach, but the risk of missing it is becoming increasingly near,” said IRENA Director-General Francesco La Camera.
“The third round of Nationally Determined Contributions (NDCs) must close the gap towards 2030. With COP29 less than a month away, the gathering of the IRENA Council presents another opportunity to re-emphasize the urgent need to approach Baku with significantly heightened ambition.”