The International Energy Agency’s new report says Renewable Energy will grow faster than any other major source in the coming decade, making the shift away from fossil fuels inevitable.
The world is on track to install more renewable capacity in the next five years than in the past 40!
This is enough to meet nearly all rising electricity demand from EVs, heating, cooling and AI datacentres. Nuclear power is also seeing renewed interest as tech companies seek steady low-carbon power.
Political backlash in the US and parts of Europe, including calls from the Trump administration to expand drilling, is unlikely to slow the overall transition.
Analysts say it understates the pace of electrification and that rapid renewable growth remains unavoidable. These findings are expected to strengthen efforts at Cop30, where leaders hope to advance plans to triple Renewable Energy by 2030 and phase out fossil fuels.
Climate advocates say wealthy countries must stop funding new Oil and Gas projects and scale up climate finance, noting that the fossil fuel era is fading while Clean Energy accelerates.