Shift to renewables slowed in 2023: report
photo: file
The global shift to renewables in major energy-consuming sectors slowed in 2023, hindered by regulatory gaps, political pressures and a failure to set clear targets, a policy group said on Wednesday.
The COVID-19 pandemic and the Ukraine war helped ambitions to shift to renewables amid growing concerns about energy security, but governments have failed to build on the momentum, an annual assessment by Paris-based REN21 group said.
By the end of last year, only 13 countries – including the United States, India and China – had implemented policies on renewables that cover buildings, industry, transport and agriculture, with only 12.7% of the energy the sectors consume coming from clean sources, REN21 said.
Published in The Express Tribune, May 31st, 2024.
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