US, EU and UAE want to create a Pre-COP Pledge on Renewables

According to Reuters, a letter issued to governments worldwide from the United Arab Emirates, the European Commission, the United States, Barbados, Kenya, Chile, Micronesia, the International Energy Agency and the International Renewable Energy Agency (IRENA), is seeking agreement at COP28 to triple the world’s renewable energy capacity, which would entail installing 11,000GW by 2030. It also seeks a commitment over the doubling of the world’s annual rate of improving energy efficiency to 4% per year until 2030. Many countries are willing to negotiate a renewable energy target but also want it tied to a phase out of fossil fuels and/or fossil fuel subsidies, an issue which has been more contentious to agree to over the past few years.

African Climate Wire Newsletter

Sign up to our newsletter and get updates to your email.