Flexibility Roadmap Power Systems - COP28, Crucial Steps Towards 1.5 °C
Actionable policy recommendations for governments and the private sector are issued on how to increase global renewable energy capacity to at least 11,000 GW while also doubling annual average energy efficiency improvements.
Action Agenda objective were fast-tracking and orderly energy transition to keep 1.5 °C within reach.
Key enablers include:
*Infrastructure and system operation
*Policy and regulation
*Supply chains
*Skills and capacities
*Finance
*International collaboration
They categorizes key enablers for achieving these ambitious goals into five sections:
1. Covering infrastructure and system operation,
2. Policy and regulation,
3. Supply chain, skills, capacities,
4. Scaling-up finance (both public and private), and
5. Enhancing international collaboration.
These initiatives are expected to yield cleaner electricity systems, enhanced access to affordable energy, and the creation of sustainable employment opportunities.