Exclusive: Over 60 countries back deal to triple renewable energy this decade -officials

‘Cop28 UAE’ logo is displayed on the screen during the opening ceremony of Abu Dhabi Sustainability Week (ADSW) under the theme of ‘United on Climate Action Toward COP28’, in Abu Dhabi, UAE, January 16, 2023. REUTERS/Rula Rouhana/File Photo Acquire Licensing Rights

WASHINGTON/BRUSSELS, Nov 9 (Reuters) – More than 60 countries have said they back a deal spearheaded by the European Union, United States and United Arab Emirates to triple renewable energy this decade and shift away from coal, two officials familiar with the matter told Reuters on Thursday.

The EU, U.S. and UAE have been rallying support for the pledge ahead of the U.N.’s annual COP28 climate negotiations to be held Nov. 30 to Dec. 12 in Dubai, and will call for its inclusion in the final outcome of a gathering of world leaders on Dec. 2, the officials said.

Some major emerging economies like Nigeria, South Africa and Vietnam, developed countries like Australia, Japan and Canada, and others including Peru, Chile, Zambia and Barbados have said they will join the pledge, the officials told Reuters.

A draft of the pledge, reviewed by Reuters, would also commit those who sign it to doubling the world’s annual rate of improving energy efficiency to 4% per year until 2030.

The draft says the greater use of renewables must be accompanied by “the phase down of unabated coal power,” including ending the financing of new coal-fired power plants.

One of the officials told Reuters negotiations with China and India to join the pledge are “quite advanced,” although neither has yet agreed to join.

Scientists say both actions – rapidly expanding clean energy and quickly reducing the burning of CO2-emitting fossil fuels in the power sector – are vital if the world is to avert more severe climate change.

The officials said an early show of support for tripling renewable energy and moving away from coal will create momentum and set a positive tone ahead of the days of tense negotiations that are expected at the climate conference.

Reporting by Valerie Volcovici and Kate Abnett; Editing by Tom Hogue

Our Standards: The Thomson Reuters Trust Principles.

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Valerie Volcovici covers U.S. climate and energy policy from Washington, DC. She is focused on climate and environmental regulations at federal agencies and in Congress and how the energy transition is transformin the United States. Other areas of coverage include her award-winning reporting plastic pollution and the ins and outs of global climate diplomacy and United Nations climate negotiations.

Kate Abnett covers EU climate and energy policy in Brussels, reporting on Europe’s green transition and how climate change is affecting people and ecosystems across the EU. Other areas of coverage include international climate diplomacy. Before joining Reuters, Kate covered emissions and energy markets for Argus Media in London. She is part of the teams whose reporting on Europe’s energy crisis won two Reuters journalist of the year awards in 2022.

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