BNEF: World not on track to treble renewables target by 2030
Sep 27, 2024
The global target to treble renewable energy capacity to 11TW by 2030 is off track, according to a report from BloombergNEF (BNEF). In its report, ‘Unlocking Investment to Triple Renewables’, BNEF estimates that, at the current pace, the world will install around 10.3TW of renewable power capacity by 2030. This is 13% below the target that was agreed by most of the nations at la...