At the latest COP in Dubai, over a hundred countries pledged to triple annual renewable energy capacity by 2030. This is a major step forward, and if achieved, would represent a further acceleration in the pace of the energy transition worldwide.
Looking around the world at many of the countries who have signed onto the pledge, however, it remains the case that very few countries have the policy, regulatory, and overall enabling environment in place to achieve these targets. The existing policy tool kit is not going to be sufficient. A new policy paradigm is needed.
This concise guide, prepared for the Global Renewables Congress, lays out six important building blocks of what this paradigm should include if countries are serious about tripling.
The full report, laid out in a web format, is available here:
https://renewablescongress.org/guide-tripling-annual-re/