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Almost all countries have signed the Paris Agreement and submitted climate goals in the form of Nationally Determined Contributions (NDCs), but the collective commitments made to date are still not enough to limit global temperature rise to 1.5°C.
This report by the International Renewable Energy Agency (IRENA), co-authored by SEI Senior Scientist Miquel Muñoz Cabré, details the latest renewable energy goals with guidance on how to align national targets with a 1.5°C warming limit.
Photo: Jason Blackeye / Unsplash
In order to keep the world on track to achieving the energy transition according to IRENA’s 1.5°C Scenario by 2050, the ambition level of renewable energy power targets set in national plans and strategies worldwide for 2030 needs to at least double.
This is achievable, the report says; current targets fall below the market pace and lag recent deployment levels.
Furthermore, countries across the world show a gap between the targets detailed in their NDCs and their national renewable energy plans.
This report aims to support governments in designing renewable energy targets that can help achieve the necessary reduction of greenhouse gas emissions from burning fossil fuels, increased resilience to climate impacts, reduced dependence on energy imports, and universal access to clean, affordable and reliable energy.
Other publication / As the energy transition goes forward, it is our responsibility to make sure it is done in a just and equitable way.
Other publication / Researchers tracking countries' plans toward winding down fossil fuel production have updated their database with the latest entries current as of 2022.
Perspective / The Intergovernmental Panel on Climate Change (IPCC) released its latest report on the state of climate mitigation. SEI researchers offer their main takeaways.
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