Companies and organizations representing more than $12 trillion in market value, responsible for the majority of the world's renewable energy deployment, and hailing from all six populated continents, have published an open letter to world leaders. In it, they call for the goal of tripling renewable energy capacity to 11,000 GW by 2030 to be agreed at COP28 later this year. The call to action comes from a wide range of energy stakeholders. They agree that tripling global renewable energy capacity by 2030 will be transformative, and that COP28 is a critical moment for leaders to translate their ambition into real action to stay on the 1.5°C pathway.
But what exactly are the demands? Which actors are being targeted? And are they even realistic? We talk to Bruce Douglas, CEO of the Global Renewables Alliance.
Timeline:
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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.
Bruce Douglas has 25 years of international experience promoting renewable energy and electrification. He is currently CEO of the Global Renewables Alliance. Previous positions include Eurelectric, SolarPower Europe, the Global Solar Council (GSC) and WindEurope.