The world promised to triple renewable energy. It needs to get moving.

Senior Global Correspondent

Cipher is proud to make our journalism free for all to read and republish. Unless otherwise noted, you may republish our articles for free as long as you abide by our Creative Commons license and the following terms: 

  • Credit Cipher and any co-reporting partners. In the byline, we prefer “Author Name, Publication(s).” At the top of the text of your story, include a line that reads: “This story was originally published by Cipher.” You must link the word “Cipher” to the original URL of the story.
  • If you’re republishing online, you must link to the URL of this story on ciphernews.com, include all of the links from our story and use our PixelPing tag.
  • If you use canonical metadata, please use the Cipher URL. For more information about canonical metadata, refer to this Google SEO link.
  • You can’t edit our material, except to reflect relative changes in time, location and editorial style. (For example, “yesterday” can be changed to “last week,” and “Portland, Ore.” to “Portland” or “here.”
  • For questions or help, please email [email protected] with the subject line: “Republishing.”
<header><h1>The world promised to triple renewable energy. It needs to get moving.</h1><a href="" rel="author"></a><span class="title"></span><time rel="pubdate" datetime="2024-06-12T00:00:00-04:00">Jun 12</time></header><p><span data-contrast="auto">It’s been six months since the annual United Nations climate conference (known as COP28), where much of the world assigned itself the task of tripling the planet’s renewable energy capacity by the end of the decade. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}"> </span></p><p><span data-contrast="auto">Besides China — which is at once the planet’s biggest greenhouse gas emitter and standout builder of renewable energy — nearly every country must significantly accelerate construction to meet that goal, </span><a href="https://www.iea.org/reports/cop28-tripling-renewable-capacity-pledge" target="_blank" rel="noopener"><span data-contrast="none">according</span></a><span data-contrast="auto"> to the International Energy Agency. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}"> </span></p><p><span data-contrast="auto">And China, for its part, would still need to keep up its torrid pace of adding wind and solar power for the world to meet its collective goal.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}"> </span></p><p><span data-contrast="auto">In short, the goal remains achievable, but countries must move very quickly, or, in China’s case, keep moving very quickly.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}"> </span></p><p><span data-contrast="auto">The overall pace of renewable energy construction has accelerated dramatically in recent years. It grew 64% last year, reaching 560 gigawatts of new capacity. That sort of momentum, while unprecedented, puts the world on a trajectory to reach just under 8,000 gigawatts of total renewable capacity by 2030.</span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}"> </span></p><p><span data-contrast="auto">Still, that capacity would be 30% short of the at least 11,000 gigawatts the IEA says would be needed to meet the tripling goal. </span><span data-ccp-props="{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}"> </span></p><p><span data-contrast="auto">To meet the goal, countries besides China need to deploy renewable energy 36% faster than they did last year. That means revising up their current plans as soon as possible and making policy adjustments accordingly. For the United States and Europe, accelerated deployment last year hints that upticks of 50% and 30% to 2030 are achievable, if challenging.</span></p>
The world promised to triple renewable energy. It needs to get moving.

by -
June 12, 2024
It’s been six months since the annual United Nations climate conference (known as COP28), where much of the world assigned itself the task of tripling the planet’s renewable energy capacity by the end of the decade.   Besides China — which is at once the planet’s biggest greenhouse gas emitter and standout builder of renewable energy — nearly every country must significantly accelerate construction to meet that goal, according to the International Energy Agency.   And China, for its part, would still need to keep up its torrid pace of adding wind and solar power for the world to meet its collective goal.  In short, the goal remains achievable, but countries must move very quickly, or, in China’s case, keep moving very quickly.  The overall pace of renewable energy construction has accelerated dramatically in recent years. It grew 64% last year, reaching 560 gigawatts of new capacity. That sort of momentum, while unprecedented, puts the world on a trajectory to reach just under 8,000 gigawatts of total renewable capacity by 2030.  Still, that capacity would be 30% short of the at least 11,000 gigawatts the IEA says would be needed to meet the tripling goal.   To meet the goal, countries besides China need to deploy renewable energy 36% faster than they did last year. That means revising up their current plans as soon as possible and making policy adjustments accordingly. For the United States and Europe, accelerated deployment last year hints that upticks of 50% and 30% to 2030 are achievable, if challenging.