his World Energy Transitions Outlook brief provides the latest tracking data and analysis of global progress towards the goal to triple global renewable power capacity by 2030.

Few of the sectoral initiatives announced during COP28 will meaningfully contribute to closing the emissions gap. Many of them lack either the ambition, clarity, coverage or accountability needed to really make a difference.

COP28 in the UAE needs to send a clear signal towards ambitious climate action. It requires a phase-out of oil and gas production, new global targets on renewables and fewer distractions from topics like CCS or co-firing old combustion technology with synthetic fuels from renewable sources.