December 26, 2024

Countries Off-Track in Meeting Tripling Renewable Energy Goal by 2030, Says International Agency Ahead of COP29

Countries Off-Track in Meeting Tripling Renewable Energy Goal by 2030, Says International Agency Ahead of COP29

Investments in renewable capacity reached a record high of $570 bn in 2023, with Brazil and India accounting for just over 6 per cent of it. However, $1.5 trillion is needed each year between 2024 and 2030 to meet the tripling target.

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