Global Climate Goals Still Unreachable Despite Record Renewable Growth

Renewable energy installations reached record highs in 2023, growing at their fastest pace in decades. 510 gigawatts (GW) of renewable energy were added worldwide, representing a 50% increase from 2022, according to figures from the International Energy Agency (IEA)’s annual flagship report on the global status of renewable energy. Projections show that the sector’s expansion will continue to accelerate, with an anticipated 2.5-fold increase by 2030. While this is a promising trend in the right direction, however, experts…