Tripling Renewables Powered by State-Owned Power Companies and Utilities

WASHINGTON DC, Sep 25 (IPS) - The climate community, meeting this week once again on the margins of the UN General Assembly, is continuing to explore ways to triple the world's installed renewable generation capacity by 2030, a target agreed at last year's COP 28 international climate negotiations. Much of this discussion has been about mobilizing finance and otherwise getting the private sector, with its massive resources and competence, to step up to the challenge … and what government policies and incentives are needed to spur more investment.

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