New Delhi: Tripling renewables and doubling energy efficiency would cut emissions by 10 billion tonnes by 2030, according to a new International Energy Agency (IEA) report.
The report called upon nations to fully implementation of the landmark energy goals established at the COP28 climate conference last year.
At COP28, in Dubai last year nearly 200 countries agreed to work towards an ambitious set of “global energy objectives” to achieve net zero emissions from the global energy sector by 2050, transition away from fossil fuels.
It pledged the triple renewable energy capacity and double the rate of energy efficiency improvements by 2030, and accelerate the deployment of other low-emissions technologies.
The report mentioned that to unlock the full benefits of the tripling goal, countries need to make a concerted push to build and modernise 25 million kilometres of electricity grids by 2030.
“The world would also need 1 500 gigawatts (GW) of energy storage capacity by 2030, of which 1 200 GW needs to come from battery storage, a 15-fold increase on today’s level” the report said.
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