Renewable Energy Target Setting
What are renewable energy targets? Why set a renewable energy target? How should they be designed and translated into specific policy instruments?
What are renewable energy targets? Why set a renewable energy target? How should they be designed and translated into specific policy instruments?
IRENA has analysed climate pledges under the Paris Agreement in relation to national energy plans and actual deployment trends. In many cases, Nationally Determined Contributions (NDCs) have not kept up with recent, rapid growth in renewables.
The second edition of REthinking Energy – the flagship report from the International Renewable Energy Agency (IRENA) – looks at how the transition to renewables could help avert catastrophic global warming. As the report points out, renewable energy is at the core of any strategy for countries to meet climate goals while supporting economic growth, employment and domestic value creation.
The report examines the specificities of mini-grids connected to solar, biomass, wind and small hydropower, or some combination of these with other energy sources, and discusses the key factors influencing investors in mini-grid projects.
This report, prepared jointly by IRENA, the IEA and REN21, identifies key barriers and highlights policy options to boost renewable energy deployment.