World Needs Urgent Transition To Renewables: IEA

The report says that the investment in renewable sources of energy needs to be tripled by the end of the decade if significant action on climate change and volatile energy markets is to be achieved. World Energy Outlook is the Paris-based advocacy and watchdog organization’s annual publication which has been released early this year to guide the upcoming COP 26 Summit is Glasgow, UK. It said that the summit is the “first test of the readiness of countries to submit new and more ambitious commitments under the 2015 Paris Agreement” and “an opportunity to provide an ‘unmistakable signal’ that accelerates the transition to clean energy worldwide”. The UN Office for Project Services (UNOPS) in its report Infrastructure for Climate Action 2021 shows the predominance of the energy sector in emissions:
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