IEA chief Fatih Birol said the report showed that "under current policies and market conditions, global renewable capacity is already on course to increase by two-and-a-half times by 2030"
The world added 50 percent more renewable energy capacity in 2023 over the year before, the International Energy Agency said Thursday, predicting booming growth in the next five years.
The United Nations-led COP28 summit concluded in Dubai last month with nearly 200 nations agreeing to a first-ever call for the world to transition away from fossil fuels.