The Global Renewables and Energy Efficiency Pledge, announced at the COP28 climate summit in December 2023, aims to significantly increase the world’s renewable energy capacity and improve energy efficiency by 2030. Essentially, the plan is to triple the amount of energy generated from renewable sources like wind and solar to 11,000 gigawatts and to double the rate at which we’re making energy use more efficient every year. This ambitious pledge involves countries working together, considering different national situations, and focusing on both technology and financial support. However, it’s a big challenge that requires strong policies, investment, and international cooperation, especially as it’s voluntary and not every country has signed up. The goal is to help meet global climate targets and support sustainable development, but it’s crucial to keep checking progress to make sure the plan is working.
Home » Current Affairs In-depths & Editorials » GS3 » Economy » Industries/Sectors » Infrastructure » Energy » New and Renewable Energy » Global Renewables and Energy Efficiency Pledge