China, Europe, and the U.S. each set solar installation records for a single year, according to the International Renewable Energy Agency.

Electricity produced by new onshore wind turbines cost 3 euro cents (3 US-dollar cents) per kilowatt-hour (kWh) in 2022 on average worldwide, according to a report by the International Renewable Energy Agency (IRENA).

Tripling the installed capacity of renewable energy by 2030, for instance, would be a good thing. And yet, according to the International Renewable Energy Agency, that is more than double the commitments made so far by the large countries in the Group of 20.

The International Renewable Energy Agency commits to getting the Global South the financing it needs to green up — a pivotal element to reach 11,000 gigawatts by 2030. The agency will, therefore, focus on physical infrastructure, policy and regulation, and institutional and human capacity.

The price tag is eye-watering: Investment in energy-transition technologies were $1.3 trillion last year, according to the International Renewable Energy Agency, an intergovernmental group, and that needs to at least quadruple to avoid a level of warming that scientists say would be catastrophic.

While the path to carbon neutrality is based on electrification, 2.3 billion people in Africa and Asia still use technologies based on highly polluting fuels for cooking, with serious repercussions on the environment and health. The data is from the 2023 SDG Tracking report by Irena, the International Renewable Energy Agency led by Italian Francesco La Camera.

Figures from the International Forum of Sovereign Wealth Funds (IFSWF) and the International Renewable Energy Agency similarly show sovereign wealth fund investments are stuck.

The International Renewable Energy Agency (IRENA) offers a searchable data catalogue covering annual deployment of renewable energy by type and country, as well as profiles on member countries and regions.

On Tuesday, with the addition of four new partners, financial commitments to the International Renewable Energy Agency's (IRENA) ETAF platform reached $4.05 billion, more than four times its original target for COP28. Currently, Brazil is part of the States in the process of joining IRENA.

On the weekend, the United Nations Climate Change Conference (COP28) saw a milestone pact to supercharge the world's installed renewable energy infrastructure by 2030. The International Energy Agency called it the "single most important lever" to curb carbon emissions and avoid a tipping point in global warming.

Africa has received only 2% of global investments in renewable energy over the past two decades, the International Renewable Energy Agency said.

Africa has received just 2% of global investments in renewable energy over the last two decades, the International Renewable Energy Agency said.

According to the joint report by the International Renewable Energy Agency (IRENA) and the Climate Policy Initiative (CPI), global investment in renewables reached a record €460 million in 2022, or less than 40% of the average annual investment for this decade.

Africa has received just 2% of global investments in renewable energy over the last two decades, the International Renewable Energy Agency said.

Advocates for the energy transition are concerned ahead of the COP28 summit in Dubai about the high cost of capital available to make change happen, as policymakers ratchet up their rhetoric on the need for tight monetary policy.

The signing was attended by Sultan Al-Jaber, minister of industry and advanced technology, UN Climate Change Conference president and chairman of EDB, and Francesco La Camera, IRENA’s director general.

The International Renewable Energy Agency suggests the world's deployment of renewables must reach 1000GW annually to keep alive the goal of limiting global warming to 1.5°C .

The International Renewable Energy Agency suggests the world's deployment of renewables must reach 1000GW annually to keep alive the goal of limiting global warming to 1.5°C .

To keep 1.5 degrees within reach, the International Renewable Energy Agency estimates that the world needs to add 1,000 gigawatts in renewable energy capacity every year through 2030.

Behind closed doors, the International Renewable Energy Agency (IRENA), an intergovernmental membership organization representing more than 160 countries, and the Global Renewables Alliance, an industry group representing thousands of companies, presented the roadmap they cooked up in partnership with the COP presidency.

It was signed by the United Arab Emirates' Presidency of the COP28 summit, the European Commission, the United States, Barbados, Kenya, Chile, Micronesia, the International Energy Agency and the International Renewable Energy Agency (IRENA).

The International Renewable Energy Agency and the Cop28 presidency also on Monday called for the tripling of renewable power capacity and the doubling of energy efficiency by 2030 to reach the goals of the Paris deal.

Today’s farms can power millions of homes, while increases in turbine sizes and ultra-low interest rates helped push overall costs of construction and operation down 60 per cent between 2010 and 2021, according to the International Renewable Energy Agency.

“Given their growing electricity demand and the important role of renewables in addressing the significant energy access deficit in these countries” renewables must be boosted, said Irena.

Renewable energy capacity needs "to reach more than 11,000 GW" by 2030, the United Arab Emirates' COP28 presidency, the International Renewable Energy Agency (IRENA) and the Global Renewables Alliance said in a joint report.