With over 136 countries at COP28 committing to triple renewable capacity by 2030, TNC and GRA reveal plan to accelerate action.
As countries have started to publicly pledge their commitment to triple renewable energy by 2030, The Nature Conservancy (TNC) and Global Renewables Alliance (GRA) have announced a joint declaration to work together to develop, establish, and deliver on a five-point Global Action Plan on Tripling Renewables with a Nature Positive and Just Transition.
TNC, one of the world’s largest environmental non-profit organizations, and GRA, an alliance of leading industry players forming a unified renewable energy voice, welcome the COP 28 Global Renewables and Energy Efficiency Pledge and the countries and parties who have already expressed their support. To date, at least 119 countries have signed the Pledge, agreeing to triple worldwide installed renewable energy generation capacity to at least 11,000 gigawatts and to double the global average annual rate of energy efficiency improvements to more than 4 percent by 2030.
TNC and GRA call on parties not yet committed to express their support for the Pledge and for unambiguous language mandating the tripling of renewables in the negotiated outcome text of COP28. It is essential that action and accountability now match the ambition of this landmark commitment – and that this critical path for cutting greenhouse emissions is done so equitably and in line with biodiversity goals as well.
“While global leaders must maintain the focus on phasing out fossil fuels, in parallel we need to act fast to triple renewable energy capacity before the end of the decade,” said Jennifer Morris, CEO of The Nature Conservancy. “Our work to accelerate renewable energy in North America, Europe, and India shows that this can be done in a way that supports a nature positive and just transition. This action plan provides a roadmap for how we can work together for a clean, green, and equitable energy future.”
“Tripling global renewable energy capacity by 2030 is the most impactful commitment governments can undertake to achieve a 1.5°C pathway,” said Bruce Douglas, CEO of Global Renewables Alliance. “This would deliver cleaner electricity systems, access to affordable energy and green jobs for millions of people—and unlock billions of dollars in public and private capital to foster climate-resilient growth. This will crucially reduce loss and damage for nature. It is vital that renewable energy is an ally of nature as it develops to ensure that the renewables era is one marked by thriving biodiversity on land and in our oceans.”
Under the joint declaration, TNC and GRA will work together to accelerate action in the following areas:
Learn more about TNC’s work to accelerate a clean, green, and equitable energy transition: https://www.nature.org/en-us/what-we-do/our-priorities/tackle-climate-change/climate-change-stories/choosing-clean-energy/
Learn more about GRA and the #3xRenewables campaign: https://globalrenewablesalliance.org/open-letter/.
The Global Renewables Alliance ( GRA) represents the leading international industry players and provides a unified renewable energy voice. Comprised of founding members the Global Wind Energy Council, the Global Solar Council, the International Hydropower Association, the International Geothermal Association, the Long Duration Energy Storage Council and the Green Hydrogen Organisation, the Alliance aims to increase ambition and accelerate the uptake of renewable energy across the world. #3xRenewables.
