IRENA – World Energy Transitions Outlook, 2024

The "World Energy Transitions Outlook 2024" by the International Renewable Energy Agency (IRENA) outlines a strategic pathway to achieve the 1.5°C climate target by 2050. This comprehensive report emphasizes electrification and energy efficiency as pivotal drivers of the energy transition, supported by renewable energy, clean hydrogen, and sustainable biomass. It assesses current progress, identifies implementation gaps across energy sectors, and highlights priority actions required by 2030 to reach net-zero emissions by mid-century. The report underscores the necessity of building essential infrastructure, advancing policy and regulatory frameworks to facilitate targeted investments, and aligning institutional capacities to integrate a high share of renewables into the energy system.