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Global Renewable Alliance Calls for Tripling RE Capacity to 11,000 GW by 2030 at COP28

The message from GRA conveys leaders to commit firmly to this 2030 goal and shows a preparedness to contribute closely with all policymakers, investors and stakeholders to expedite the transition and amplification of renewable energy.

September 19, 2023. By EI News Network

A group of more than 200 climate and energy organizations from around the world has released an open letter, urging global leaders and signatories of the Paris Agreement to set a global target of tripling RE capacity to a minimum of 11,000 GW by 2030 during the upcoming COP28 in the UAE.

The Global Renewable Alliance (GRA), a group composed of diverse organizations dedicated to advancing RE adoption worldwide, collaborated to draft this letter. Their collective objective is for governments, industry players, investors, and civil societies to accelerate the adoption and expansion of RE sources.

The signatories such as clean energy partners and private sector entities like Amazon, Vestas, Huawei and EY.

"We urge world leaders and Parties to the Paris Agreement to make a firm commitment to tripling renewable energy capacity to at least 11,000 GW by 2030 at COP28 this year. We are ready to work side-by-side with governments, industry, investors, and civil society to collectively take actions, move faster and scale up renewables now," the letter read.

The message from GRA conveys leaders to commit firmly to this 2030 goal and shows a preparedness to contribute closely with all stakeholders to expedite the transition and amplification of renewable energy.

Moreover, the letter added, "We underscore that a step change this decade in renewable energy growth, combined with an increase in energy efficiency, will be the fastest and most cost-efficient way to decarbonise the global economy. It is one of the most impactful commitments that the global community can undertake now to secure a liveable future for all."

Policymakers, comprising those indulged in COP28 and international energy agencies, are already working towards this ambitious goal, with a focus on expanding wind, solar, hydropower, and geothermal energy sources. This accelerated deployment will also lay a foundation for evolving technologies such as energy storage and green hydrogen, ascertaining not only clean energy but also a secure and equitable global energy system by 2050.

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Energy efficiency

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