The International Renewable Energy Agency in a new report released at the UN’s COP27 climate summit in Sharm el-Sheikh, Egypt, has urged world leaders to ‘close the renewable deployment gap’ or fail the Paris agreement goal to limit global temperature increases to 1.5° Celsius.

Out of the 183 parties to the Paris climate agreement, only 143 have quantified green energy targets with the vast majority focusing on the power sector, Irena said in its report ‘Renewable Energy Targets in 2022: A guide to design’ (link here).