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Last year at COP28 in Dubai, world leaders from 200 countries committed to an ambitious goal: tripling global renewable energy capacity by 2030. Now, as COP29 opens in Baku, Azerbaijan, that commitment takes on new urgency as nations focus on implementing strategies to reach this target. The agenda will address challenges such as strengthening supply chains, securing critical minerals, and scaling energy storage — all essential to supporting the exponential growth needed in renewable energy.
The United States, as the world’s second-largest solar market, will play a significant role in meeting the COP28 goal. With the recent boost from the Inflation Reduction Act, which spurred record investments in solar manufacturing and deployment, the U.S. is set to add nearly 200 gigawatts of new solar capacity over the next five years. President-elect Donald Trump will have an opportunity at COP29 to showcase this progress and highlight America’s commitment to global renewable energy goals.
This year’s COP is critical as the world aims to move beyond pledges and toward measurable outcomes, marking a pivotal moment for international cooperation and tangible action in the renewable energy sector.
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Source: SEIA
