Abu Dhabi, United Arab Emirates, 18 April 2023 – G7 leaders expressed concern over global renewable power deployment rates, citing the latest findings from IRENA’s World Energy Transitions Outlook Preview 2023. The report warns that there is a need for a fundamental course correction in the energy transition to keep the 1.5°C target within reach.
Targets in the G7 Climate, Energy and Environment Ministers’ Communiqué reflect IRENA estimates for the group, calling for 150 GW offshore wind and 1 TW Solar PV by 2030. Through the communiqué, IRENA was also requested to prepare analysis on the innovation and sustainability of floating offshore wind to infom the G7’s work. IRENA is also working with the G7 Presidency to produce a report on sustainable production and trade of hydrogen in remote and developing regions.
