A report issued by the International Renewable Energy Agency, the COP31 Presidency and the Global Renewables Alliance on Monday showed that the world added slightly more than 690 gigawatts of new renewable energy capacity in 2025, but needs to accelerate expansion to around 1200 gigawatts a year on average through 2030 to meet the global pledge to triple capacity.
Installed capacity below half the target
Total installed renewable energy capacity worldwide reached 5.15 terawatts at the end of 2025, remaining below half the 11.2-terawatt target needed to meet the pledge by 2030.
Energy efficiency below required rate
Energy intensity improved by around 2% in 2025, below the required annual rate of 4% needed to meet commitments to double energy efficiency.
One trillion dollars a year for electricity grids
The report said investment in electricity grids would need to average around one trillion dollars a year from 2026 to 2030, compared with $525 billion in 2025.
Negotiations at the United Nations climate change conference, scheduled to take place in Turkey next November, are expected to focus on expanding the use of electricity across sectors and advancing a goal of electricity accounting for 35% of total final energy consumption worldwide by 2035.
