London, 31 July – A new analysis by global energy think tank Ember reveals that, two years after the COP28 agreement to triple global renewable energy capacity by 2030, national targets have barely made progress — with the total global ambition increasing by just 2% since the agreement. This gap between global ambition and national planning risks undermining not only climate progress but also energy security and economic resilience of countries.
National renewable energy targets collectively now add up to 7.4 terawatts (TW) for 2030 — just over double the 3.4 TW installed in 2022. This still falls significantly short of the 11 TW needed to meet the tripling goal agreed at COP28. The gap to tripling remains stubbornly wide at 3.7 TW, meaning countries are still only aiming for a doubling of capacity by the end of this decade.
22 countries have revised their targets since COP28 and the majority of them are in the European Union. Outside the EU, only seven countries have made updates. The slow pace of target revision highlights how most national planning processes are continuing on routine cycles, largely unaffected by global commitments.