Published

2 years ago

July 11, 2024

Alice Rush

Despite growing at an unprecedented rate last year, renewable energy sources are still not being deployed quickly enough to put the world on track to meet an international goal of tripling renewables by 2030, new data shows.

At the COP28 climate summit in Dubai in 2023, nearly 200 countries committed to tripling global renewable energy capacity – measured as the maximum generating capacity of sources like wind, solar and hydro – by 2030, in an effort to limit global warming to 1.5 degrees Celsius.

According to figures published on Thursday by the International Renewable Energy Agency (IRENA), renewables are the fastest-growing source of power worldwide, with new global renewable capacity in 2023 representing a record 14% increase from 2022.

But IRENA’s analysis found that even if renewables continue to be deployed at the current rate over the next seven years, the world will fall 13.5% short of the target to triple renewables to 11.2 terawatts.

A higher annual growth rate of at least 16.4% is required to reach the 2030 goal, IRENA said.

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IRENA Director-General Francesco La Camera warned against complacency. “Renewables must grow at higher speed and scale,” he said in a statement, calling for concrete policy action and a massive mobilisation of finance.

The United Arab Emirates’ COP28 President Sultan Al-Jaber called the report “a wake-up call for the entire world” and urged countries to add strong national energy targets to their updated national climate action plans (NDCs) due by early next year.

Geographical disparities

Bruce Douglas, CEO of the Global Renewables Alliance, a coalition of private-sector organisations working on renewable technologies, highlighted imbalances in the global picture of record renewables deployment.

“We shouldn’t be celebrating,” he said. “This growth is nowhere near enough and it’s not in the right places.

Africa saw only incremental growth of 3.5% in new renewables capacity last year compared with around 9% growth in Asia and North America, and 12% growth in South America.

And despite those higher increases in Asia and South America, data released last month by international policy group REN21 shows that less than 18% of renewables capacity added in 2023 was in Asia (excluding China), South America, Africa and the Middle East, despite these regions collectively representing nearly two-thirds of the global population.

Slow growth in Africa is failing to live up to the huge potential for renewables on the continent, whose leaders last year pledged to scale up renewables more than five-fold by 2030, to 300 gigawatts.

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“The justice piece is huge and too often overlooked,” Douglas said, adding that finance is “by far” the biggest challenge to getting renewables off the ground in the Global South.

Africa, for example, has received less than 2% of global investments in renewable energy over the past twenty years, according to IRENA.

“That’s not acceptable in terms of an equitable transition,” Douglas said, noting that when countries miss out on renewables financing, they are also missing out on the development benefits, jobs creation and improved access to affordable energy that clean energy can bring.

Finance not flowing

The scarcity of financing for renewables in developing countries is in large part due to investors being put off by the high borrowing costs and risk profiles of many such markets, Douglas said.

William Brent, chief marketing officer at Husk Power Systems, which installs and runs solar micro-grids in rural communities in Nigeria and Tanzania, explained: “Most sources of big capital in the West seem largely uninterested in Africa.”

“Despite being home to some of the fastest growing economies in the world, Africa is perceived as having a much higher risk profile and returns that cannot match the Americas, Asia or Europe,” Brent said.

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Sonia Dunlop, CEO of the Global Solar Council, a body that represents the solar industry, told Climate Home that financial incentives provided by the public sector could help de-risk renewables projects for private investors.

“We need to get MDBs (multilateral development banks) leaning into big renewables projects and taking on some of the risk, which can then attract private finance,” she said, adding that governments in all countries must also play their part in creating policy environments that support and incentivise investment.

Grids and permitting barriers

Grids and permitting for renewables projects also pose major practical challenges, particularly in developed countries.

According to REN21, the potential renewable capacity that is ‘stuck’ waiting to be connected to grids around the world is equivalent to three times the amount of wind and solar power installed in 2023.

For Dunlop, the solution to grid congestion is more storage – batteries for short-term storage and other technologies for longer-term storage, such as storing electricity as heat or pumping water uphill that can then be released to produce hydroelectricity.

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Complex planning processes can also mean it takes longer to get planning permission for projects, such as wind farms, than it does to build them – if they even get approval at all.

For Douglas, something as simple as hiring more staff to process project applications in grid and planning authorities could begin to unlock thousands of gigawatts of renewable power.

Energy efficiency overlooked

Although renewables are growing faster than any other energy source, companies and governments are boosting investments in fossil fuels at the same time.

The use of fossil fuels for electricity generation continues to grow, while renewables only provide 6.3% of the energy required for heat, which is mainly used in buildings and industrial operations.

“We are not moving fast enough to fully meet the staggering rise in energy demand, let alone replace existing fossil fuels,” said REN21 Executive Director Rana Adib in a statement on the group’s recent statistics.

Another – neglected – solution is energy efficiency, experts said. The Global Renewables Alliance is running a ‘double down, triple up’ campaign, which calls on countries not only to triple renewables by 2030, but also to double the rate of improvement in energy efficiency, to reduce emissions and help stem energy demand – another goal countries signed up to at COP28.

“We absolutely need that doubling of energy efficiency as well,” said Dunlop. “That isn’t discussed enough.”

(Reporting by Daisy Clague; editing by Megan Rowling)

The post Global goal of tripling renewables by 2030 still out of reach, says IRENA appeared first on Climate Home News.

Global goal of tripling renewables by 2030 still out of reach, says IRENA

Climate Change

Greenpeace’s Dutch Anti-SLAPP Case Against Oil Pipeline Giant Advances

Published

17 hours ago

June 21, 2026

Alice Rush

But a $345 million U.S. verdict against the environmental group hangs over the case.

By Dana Drugmand

A lawsuit filed by Greenpeace International against the U.S.-based fossil fuel company Energy Transfer in the Netherlands is moving forward after a Dutch court recently ruled in favor of the environmental organization in rejecting the company’s bid to toss out the case.

Greenpeace’s Dutch Anti-SLAPP Case Against Oil Pipeline Giant Advances

Climate Change

The Search for Super Reefs

Published

17 hours ago

June 21, 2026

Alice Rush

Go behind the scenes with executive editor Vernon Loeb and oceans correspondent Teresa Tomassoni as they discuss the search for heat-resilient coral reefs that are somehow defying the odds to survive a warming planet.

By Teresa Tomassoni

The world has already lost more than half of its coral reefs, and most of what remains is at risk of disappearing in the next 25 years.

The Search for Super Reefs

Climate Change

DeBriefed 19 June 2026: Bonn talks end in ‘gridlock’ | Energy’s ‘new era’ | Oceans in climate negotiations

Published

2 days ago

June 20, 2026

Alice Rush

Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.

This week

Bonn talks close

‘SIDE-STEPPING AND STALLING’: UN climate talks in Bonn have ended in “gridlock”, according to Climate Home News. The outlet reported on the failure to balance developing countries’ need for climate-adaptation finance with “richer nations’ desire to move forward” on emissions cuts. It added that both topics were subject to “rule 16”, meaning no agreement could be reached and work will be pushed to the COP31 summit in Turkey. Inside Climate News quoted UN climate executive secretary Simon Stiell, who said the talks had seen “side-stepping and stalling”.

JUST TRANSITION: One “glimmer of hope” came from negotiations on achieving a “just transition”, reported Euronews. The news outlet said negotiators “made headway on operationalising the Belém-Antalya mechanism”, intended to support people in the shift to a low-carbon economy. However, Politico concluded that much of the focus in Bonn had “shift[ed] to efforts outside diplomatic talks – raising questions about the future of global climate negotiations”.

‘ATTACKING SCIENCE’: Agence France-Presse reported on the EU, Switzerland and “dozens of developing nations” warning of “attacks on science” by a “small group of fossil-fuels interests” in Bonn. Table Briefings explained that “the 1.5C target is increasingly being challenged” and the role of the UN climate-science panel – the Intergovernmental Panel on Climate Change (IPCC) – in an upcoming assessment of global climate progress “remains controversial”. See Carbon Brief’s full write-up of the talks for more detail.

US-Iran deal

PRICE DROP: The US and Iran announced that they have reached an interim agreement to halt the war and reopen the strait of Hormuz, reported Bloomberg. Oil prices have fallen, as the “long-awaited deal” began the process of “eas[ing]” the global energy crisis triggered by the conflict, according to the New York Times. The Associated Press noted that high fuel prices will “likely outlast the Iran war”.

‘OIL GLUT’: The Financial Times reported that the International Energy Agency (IEA) has forecast a “glut of oil” emerging next year, if the peace deal holds. The IEA said this would allow countries to build new strategic reserves, as they “review their energy strategies and policies in response to the crisis”, according to Reuters.

‘NEW ERA’: Agence France-Presse reported that oil and gas companies have “few illusions about a return to normal for the Gulf energy industry after more than three months of blockage”. One analyst told the newswire that the war “showed the oil and gas industry that Hormuz risk is no longer just a geopolitical headline”.

Around the world

OCEAN MONITOR: The Trump administration is “abandoning its plan” to dismantle a $368m ocean monitoring system key for tracking climate change after a “bipartisan backlash on Capitol Hill”, reported the New York Times.
CORAL HAVEN: The New York Times covered preliminary research, presented at the Our Ocean Conference in Kenya, suggesting there could be three times as many “coral refugia” – where corals are relatively safe from climate change – than previously thought.
BAD CREDIT: Down to Earth reported that the first carbon credits issued under the Paris Agreement’s new Article 6.4 mechanism are “facing scrutiny over alleged links to institutions controlled by Myanmar’s military junta”.
OIL BACKTRACK: Reuters reported that oil-and-gas company Equinor has dropped a renewable-energy target and scaled back clean investments, while another Reuters story noted that Shell is selling off its offshore wind assets.

1.1 billion

The number of children facing “at least three overlapping climate hazards”, according to a new Unicef report covered by Agence France-Presse.

Latest climate research

Including the “permafrost carbon-climate feedback” in climate models increases the chance of exceeding “tipping elements” – such as the Greenland ice sheets, Atlantic Meridional Overturning Circulation or Amazon rainforest – by up to 50% | Environmental Research Letters
The intensity of influenza outbreaks could decline in temperate regions, but increase in tropical areas over the next century, as the climate warms | PNAS Nexus
European snow cover has declined by 20% for December and January since the start of the industrial era, revealing an “unprecedented ongoing shrinkage of European winters” | Communications Earth & Environment

(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)

Captured

The more than 2m battery electric vehicles (BEVs), 1m “plug-in” hybrids (PHEVs) and 100,000 electric vans on UK roads are already saving drivers a total of around £3bn a year, according to new Carbon Brief analysis. This amounts to savings of more than £1,100 a year in fuel costs for each BEV driver in the UK. The analysis comes amid reports in UK media this week that the government is considering “watering down” its EV sales targets.

Spotlight

Oceans rising at UN climate talks

The state of the world’s oceans is inextricably linked to the changing climate – and many delegates at UN climate talks want to see more focus on this issue, reports Carbon Brief.

Oceans are often described as the world’s “greatest ally” against climate change – absorbing 30% of carbon dioxide (CO2) emissions and most of the heat generated by those emissions.

They are also the site of important climate solutions, such as huge offshore windfarms and the shipping industry’s transition to cleaner fuels.

At the same time, the oceans themselves present a growing danger to coastal communities and sea life due to sea level rise, marine heatwaves and ocean acidification.

These diverse issues have led to growing calls within the UN climate process for more focus on oceans. During climate negotiations this week in Bonn – known as SB64 – nations and civil society had a chance to air these views during an “ocean and climate change dialogue”.

‘Elevate action’

Oceans first entered UN climate outcomes in 2019, when the final COP25 negotiated text requested a new “dialogue” on “the ocean and climate change to consider how to strengthen mitigation and adaptation action”.

The following years saw this dialogue established as an annual event. However, the political weight of these discussions has been limited.

COP31 is being co-led by Turkey and Australia, but with Pacific islands playing a supporting role. These small islands sometimes self-identify as “large ocean states”, stressing the ocean’s centrality in their societies.

In Bonn, figures from across the presidency threw their weight behind this issue. Chris Bowen, an Australian minister and incoming COP31 “president of negotiations”, told attendees:

“Australia, Turkey and the Pacific see an important opportunity to elevate ocean-based climate action.”

Ocean dialogue breakout group. Credit: IISD/ENB, Maja Schmidt-Thomé.

Strategies and finance

The two-day dialogue in Bonn involved a series of panels, statements and breakout groups.

One of the main topics was how oceans are integrated into national climate plans under the Paris Agreement, known as “nationally determined contributions” (NDCs).

Three-quarters of the latest round of NDCs mention oceans, with conservation of “blue carbon” ecosystems the most frequently described action. (Landscapes such as mangroves can both absorb CO2 and protect coastal areas.)

Delegates also discussed alignment with the UN biodiversity process, as well as ocean finance, which currently makes up less than 1% of all climate finance.

(As discussions were taking place in Bonn, country officials also gathered in Mombasa, Kenya for the 11th Our Ocean Conference. Carbon Brief’s associate editor Giuliana Viglione attended the conference and will publish a full summary shortly.)

Developing countries were clear that many of the ocean-related actions in their NDCs would depend on receiving more financial support.

‘Political momentum’

With the backing of the COP31 presidency, delegates were hopeful about where this year’s dialogue could lead.

Charles Hamilton, an advisor for the Bahamas who spoke for the Alliance of Small Island States (AOSIS) in the dialogue, told Carbon Brief that island representatives “are not traveling thousands of miles to just talk and pat ourselves on the back”. He added:

“A dialogue that just remains a dialogue is just more talk – no action.”

Given that, he said “discussions in the dialogue must move into COP decisions and the decisions must be actioned”, noting the importance of finance.

Marina Corrêa, oceans lead at WWF-Brazil, pointed to an upcoming UN climate change Standing Committee on Finance forum as a space to ramp up pressure on ocean finance.

More broadly, she wanted to see the presidencies translate their support into a “leader-level ocean initiative” that could “mainstream” oceans across negotiations.

“We have a really interesting opportunity, in terms of political momentum,” Corrêa told Carbon Brief.

Watch, read, listen

‘HOTTER THAN HELL’: An episode of the BBC’s Rare Earth podcast titled “hotter than hell” considered the issue of extreme heat, with input from experts and “people facing up to the hottest temperatures on the planet”.

NOT BROKEN?: John Drake, a professor of ecology at the University of Georgia, wrote an essay for Aeon – also re-published as a Guardian “long read” – questioning the framing of ecosystems and climate systems “breaking down”.

ON COURSE: On his Volts podcast, US climate journalist David Roberts interviewed UK climate minister Katie White, quizzing her about whether the UK will “stay the course with its climate plans”.

Coming up

20-28 June: London climate action week
21 June: Colombia presidential runoff
24 June: UK Climate Change Committee progress in reducing emissions 2026 report to parliament

Pick of the jobs

Mongabay, managing editor – Africa | Salary: Unknown. Location: Global
Contexte, environment reporter – Brussels | Salary: €45,000-€60,000. Location: Brussels
Climate 200, communications director | Salary: Unknown. Location: Australia
Energy Tracker Asia, energy transition correspondent | Salary: $3,000-$4,000 per month. Location: South-east Asia (remote)

DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.

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