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Close ‘policy gap’ or miss COP28 renewables target, IEA warns governments

A floating solar farm in Huainan, China. In 2023, the country commissioned as much solar PV as the whole world did in 2022, but it is also continuing its coal expansion. (Photo: Qilai Shen/Bloomberg)

Under existing policies and market conditions, global renewable capacity would increase 2.5 times by 2030 compared with today – falling short of the COP28 target to triple renewables

Policies are not ambitious enough if governments are to fulfil their pledge made at COP28 in Dubai in late 2023 ...

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