The Global Renewables Alliance (GRA) has issued a new set of policy recommendations aimed at achieving the 2030 renewable energy target established at COP28. This comprehensive action plan outlines the necessary steps to triple renewable energy capacity, a goal set during the COP28 summit in Dubai to align with the 1.5°C climate pathway.

The GRA warns that current national policies are insufficient to meet these targets. The report, titled “Actions to Deliver 3x Renewables by 2030,” provides detailed recommendations for overcoming key barriers in renewable energy deployment. The four core areas identified are:

  1. Finance: Mobilising US$10 trillion in investment, with a focus on emerging markets.
  2. Supply Chains: Strengthening supply chain resilience and sustainability.
  3. Permits: Speeding up permitting processes for faster project development.
  4. Grids: Expanding and optimizing grid infrastructure for better renewable energy integration.

The GRA’s initiative is supported by 17 major multinational companies, including Google, Amazon, Fortescue, Huawei, GE Vernova, EY, AES Corporation, Corio Generation, Vestas, Orsted, CIP, ERM , Topsoe, SSE plc, EDP, Ramboll Group and Iberdrola., This diverse coalition highlights the broad corporate backing for a clean energy future.

“The renewables industry stands ready to deliver, having consistently shattered annual installation records despite significant headwinds and constraints. In 2023 alone, renewable capacity surged by 36 percent,” said Bruce Douglas, CEO of GRA. “However, at the current pace, renewable capacity will fall far short of the COP28 commitment, taking the world further off the 1.5 degree pathway and missing huge opportunities for socio-economic development, energy security, green industrialisation and affordable access to clean energy.”

Eddie Rich, CEO of the International Hydropower Association, endorsed the recommendations: “The sustainable hydropower community welcomes these policy recommendations and the Time4Action campaign’s focus on action. As well as urgency, we need the right mix of renewables to ensure we get the most from new capacity. That means flexibility and storage. Water, wind and sun will get the job done!”.

For more details on the GRA’s campaign, visit