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NDC Partnership's New Report on Renewable Energy

The NDC Partnership has recently published an analytical report emphasizing the need for nations to triple their generation of renewable energy. This initiative aims to integrate renewable energy into their national climate commitments, enhancing climate action across various sectors.

Mobilizing119 Governments for Renewables

The report, titled Tripling Renewables Powering Climate Action Across Sectors, was developed with the collaboration of governments and institutions from 14 different countries. In this report, they provide crucial measures that nations can adopt to expand their renewable energy plans, linking them to Nationally Determined Contributions (NDCs) that must be prepared this year.

His Excellency Mr. Ole Thonke, the Co-Chair of NDC Partnership and Denmark's Climate Ambassador, stated, “As the global community evaluates progress and updates the NDCs, it is crucial to demonstrate adherence to the Paris Agreement. Tripling renewable energy generation is essential to achieving this objective. For most countries today, renewable energy represents the most cost-effective form of electricity generation and constitutes a compelling business case. I hope the recommendations in this report will help eliminate existing barriers and accelerate the integration of renewable energy, particularly in developing countries, paving the way for a more sustainable future.”

Achieving Sustainable Development

Pablo Vieira, the Global Director of NDC Partnership, remarked, “Tripling renewable energy generation is not only attainable but also necessary for climate-resilient development. The upcoming NDC round presents an opportunity to encompass a broader array of technologies, innovations, and solutions aimed at expanding renewable energy utilization to mitigate and adapt to climate change, harnessing funding and scaling successful models that meet diverse local requirements.”

Advancements in technology, competitive pricing, and supportive national policies have contributed to the rising adoption of renewable energy. By 2023, renewables accounted for one-third of global electricity production, representing 86% of new generation capacity and boosting the global economy by approximately $320 billion, or 10% of the world’s GDP. Increasingly, countries include renewable energy generation as part of their climate commitments, with over 65% of nations incorporating measurable targets in their latest NDC submissions from 2020.

However, a substantial gap remains between national energy plans and the targets set within their NDC commitments, leading to uneven progress towards clean energy transitions. The next round of NDCs provides a vital chance for countries to solidify renewable energy goals within their climate action and development plans, facilitating mitigation and adaptation efforts. The analytical report presents six key considerations for policymakers aimed at accelerating renewable energy deployment across diverse geographical regions:

1. Align national energy plans with NDC targets for more ambitious outcomes.
2. Establish cooperative mechanisms to integrate renewable energy into sectoral planning.
3. Assess industry value chains and stakeholders to identify pathways for renewable energy to support climate efforts across the economy.
4. Develop actionable plans detailing the technological and financial needs for renewable energy implementation in key sectors.
5. Enhance public awareness and involve subnational governments in shaping renewable energy strategies.
6. Foster innovation and advocate for new technologies and business models.

Concluding Thoughts

As renewable energy becomes increasingly crucial to combating climate change and securing a sustainable future, the collaborative efforts highlighted by the NDC Partnership play a pivotal role in shaping effective policy and actionable steps toward reaching ambitious climate goals. These recommendations not only serve as guidance for nations but also strengthen the collective wind for a greener, more resilient world.