By Rebecca McLaughlin-Eastham
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At the Baku Energy Forum, top energy officials and CEOs addressed the urgent need for multilateral action, investment, and innovation to meet climate goals and triple global renewable energy by 2030.
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The 30th Baku Energy Forum gathered energy leaders to tackle global energy security, sustainability, and transition targets.
Atsuko Hirose of the International Energy Charter highlighted new treaty amendments now covering hydrogen, ammonia and carbon capture.
Gauri Singh of IRENA warned that current efforts fall short of tripling renewables by 2030, citing the need for $1.5 trillion in annual investment. She pointed to rising deployment in China, the US and EU, but called for more affordable capital in emerging markets. Singh also stressed that future grids must be smarter, more digital, and more inclusive of intermittent sources. She closed on a hopeful note: the next generation of energy leaders is already showing up in force.
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