The IEA 2023 Net Zero Roadmap: tripling renewables and electrifying the energy transition

The International Energy Agency's (IEA) latest Net Zero Roadmap suggests that tripling renewable capacity to 11,000 GW by 2030 is one way to meet global climate goals. The IEA's 2023 Net Zero Roadmap outlines a global path to achieving the 1.5 ̊C target. It was first published in 2021, since which the energy sector has seen key changes. The updated version also calls for a united effort to help reduce global warming when world leaders meet at the upcoming COP28 in Dubai in November. 

Increasing the capacity of renewable resources

The agency said that increasing renewable energy sources, along with improving energy efficiency, reducing methane emissions and increasing electrification, by 2030 would bring more than 80 % necessary emission reduction.  The plan suggests that by tripling global installed capacity of renewable energy on 11,000 gigawatts by 2030, the largest reduction in emissions will be achieved. (Jennifer L)

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