31.10.2018

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The global network REN21, with over 900 international experts, has published the Renewables 2018 Global Status Report. Key findings are that innovations towards a renewable energy future exist, but and not fast enough to reduce emissions in accordance with the Paris Agreement.

In 2017, renewable power accounted for 70 per cent of net additions to global power generating capacity, but global energy-related carbon dioxide emissions rose by 1.4 per cent, after three years of holding steady. The increase in carbon emissions was the result of robust global economic growth (of 3.7 per cent), lower fossil fuel prices and weaker energy efficiency efforts.

This year’s Renewables 2018 Global Status Report reveals two realities: one in which a revolution in the power sector is driving rapid change towards a renewable energy future, and another in which the overall transition is not advancing with the speed needed. While momentum in the power sector is positive, it will not on its own deliver the emissions reductions demanded by the Paris Agreement or the aspirations of Sustainable Development Goal 7 – ensuring access to affordable, reliable, sustainable and modern energy for all.

The heating, cooling and transport sectors, which together account for about 80 per cent of global total final energy demand, are lagging behind.

But the news is not all bad.

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