As many as 118 countries signed on to a pledge to triple installed renewable energy capacity by 2030 during the ongoing COP28 climate summit in Dubai on December 2 and India is among those countries whose name is not on the list. The other conspicuous absence is that of China, the country that has the world’s largest installed renewable energy capacity.
Though the plan to substantially increase renewable energy capacity and energy efficiency and firm it up into a declaration at COP-28 was first floated by European Commission President Ursula von der Leyen this April, it was first mentioned as a concrete proposal in the New Delhi G20 declaration in September.
The Global Renewables and Energy Efficiency Pledge, as of now, has committed to tripling worldwide installed renewable energy generation capacity to at least 11,000 gigawatts (GW) and to double the global average annual rate of energy efficiency improvements to more than 4 percent by 2030.
