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Our top 5 implications of COP28 for corporates and investors
COP meetings often end with high-level declarations of action which, if fully implemented, would benefit the climate. But what these declarations mean for companies and investors is often less clear. We highlight the top five outcomes of COP28 that will show up in the boardrooms of corporates and investors. Countries at COP28 have agreed to triple global renewable power capacity by 2030. This means that renewable capacity worldwide needs to increase from 3,600 GW in 2022 to over 11,000 GW in 2030. Tripling renewable power capacity by 2030 is one of the pillars of the International Energy Agency’s (IEA’s) Net-Zero ... (full story)