Report urges nations to step up deployment of renewables

According to IRENA, 143 of the 183 parties to the Paris Agreement with renewable energy components in their Nationally Determined Commitments (NDCs), have quantified targets, with most focusing on the power sector. Only 12 countries had committed to a percentage of renewables in their overall energy mixes.

Renewable Energy Targets in 2022: A guide to design, released by IRENA at COP27, assesses the level of renewable energy ambition in national climate pledges and benchmarks targets against the global climate goal of limiting temperature rise to 1.5°C. It shows the collective level of energy transition ambition to date is not enough despite the Glasgow Climate Pact to upgrade 2030 targets in national pledges.

In a statement, IRENA’s director-general Francesco La Camera said: “At a time when we desperately need to see rapid implementation, I call on world leaders to urgently close the renewable deployment gap in pursuit of resilience, energy security and inclusive economies.