COP28 goals could slash global emissions by 10 billion tonnes: IEA
POWER & RENEWABLE ENERGY

COP28 goals could slash global emissions by 10 billion tonnes: IEA

The International Energy Agency (IEA) has outlined a roadmap that could see global emissions cut by 10 billion tonnes by 2030 if nations implement key actions agreed upon at last year's COP28 summit in Dubai. During the recent United Nations General Assembly in New York, the IEA emphasised the potential of the COP28 goals, known as the UAE Consensus, to triple renewable energy capacity and double energy efficiency worldwide.

The IEA’s strategy calls for modernising 25 million kilometers of electricity grids and scaling energy storage to 1,500 gigawatts by 2030, including 1,200 gigawatts from battery storage. This represents a 15-fold increase in storage capacity, which is essential for managing the rise in renewable energy generation.

Fatih Birol, Executive Director, IEA  stressed the importance of swift action: ""The COP28 targets can be transformative, placing the global energy sector on a path to a secure, affordable, and sustainable future. The shift towards implementation is critical.""

Doubling energy efficiency by 2030 could reduce global energy costs by 10% and cut emissions by 6.5 billion tonnes, the IEA notes. However, this requires major policy changes, particularly in advanced economies, with a focus on electrification. For emerging economies, improving efficiency standards, especially in cooling systems, will be vital.

Achieving these goals would mark a significant step toward meeting the Paris Agreement's climate targets.

(ET)

The International Energy Agency (IEA) has outlined a roadmap that could see global emissions cut by 10 billion tonnes by 2030 if nations implement key actions agreed upon at last year's COP28 summit in Dubai. During the recent United Nations General Assembly in New York, the IEA emphasised the potential of the COP28 goals, known as the UAE Consensus, to triple renewable energy capacity and double energy efficiency worldwide.The IEA’s strategy calls for modernising 25 million kilometers of electricity grids and scaling energy storage to 1,500 gigawatts by 2030, including 1,200 gigawatts from battery storage. This represents a 15-fold increase in storage capacity, which is essential for managing the rise in renewable energy generation.Fatih Birol, Executive Director, IEA  stressed the importance of swift action: The COP28 targets can be transformative, placing the global energy sector on a path to a secure, affordable, and sustainable future. The shift towards implementation is critical.Doubling energy efficiency by 2030 could reduce global energy costs by 10% and cut emissions by 6.5 billion tonnes, the IEA notes. However, this requires major policy changes, particularly in advanced economies, with a focus on electrification. For emerging economies, improving efficiency standards, especially in cooling systems, will be vital.Achieving these goals would mark a significant step toward meeting the Paris Agreement's climate targets.(ET)

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Next Story
Equipment

Company showcases North America-certified machinery and secures new deals

Zoomlion Heavy Industry Science & Technology Co., recently showcased a wide portfolio of North America-certified and customised construction equipment at CONEXPO-CON/AGG 2026 in Las Vegas. The display included engineering hoisting machinery, concrete equipment, earthmoving machinery, mining equipment and construction hoisting solutions tailored to regional operational requirements.All equipment presented at the exhibition complies with North American certification standards, with several models specifically developed to meet local regulatory requirements and site conditions. One of the hig..

Next Story
Technology

Sinoboom Launches Dual-ETM Smart Technology

Sinoboom recently introduced its Dual-ETM Smart Technology at CONEXPO-CON/AGG 2026, designed to enhance battery endurance and operational efficiency in electric boom lifts.The new technology integrates advanced components that enable real-time optimisation of power usage during equipment operation. By calculating the precise power requirement instantly, the system delivers only the energy needed for each movement, reducing the inefficiencies associated with conventional maximum-demand power systems.The solution incorporates multiple sensors—including pressure, weight, length and level sensor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement