World Energy Transitions Outlook 2022
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
The region's capacity has to reach 5,442GW to meet the 1.5°C Scenario.
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.
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1. China to continue building coal plants until 2030 as renewable expansion accelerates 2. Singapore's Vena commits $669m to green energy projects in South Korea 3. Green hydrogen imports from New Zealand to support Japan’s carbon goals 4. Global wind power hits record 169GW as China leads growth 5. New South Wales approves 15-MW green hydrogen and ammonia projectResource Center
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