This report reviews renewable energy targets in Nationally Determined Contributions (NDCs) to the Paris Agreement as of the end of October 2023, ahead of the 2023 United Nations Climate Change Conference (COP28), and assesses their level of ambition against IRENA’s 1.5°C scenario and the goal of tripling renewables in the power sector by 2030. For developing countries, the report identifies those targets that are conditional on financial assistance and determines the minimum level of financing needed to support their achievement. It also examines the extent to which renewable energy targets in NDCs are aligned with those set out in national plans and policies, and whether these are reflected in laws, policies or roadmaps and plans.
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