Renewable energy saw its fastest growth in 25 years in 2023, largely due to China's solar energy expansion.

China is anticipated to surpass hydropower with wind and solar power this year, and outdo coal by 2025.

Despite this, the International Energy Agency (IEA) predicts renewable energy will not meet the United Nations' tripling target due to insufficient clean energy funding in developing nations.

Challenges in transitioning to renewables are faced by Southeast Asia, Africa, and the Middle East, particularly due to existing coal and gas power plants.

Immediate action from governments and businesses is deemed necessary for planet protection and hastening the shift to renewable energy.

To achieve the tripling goal, increased investments and efforts are needed, especially in emerging and developing economies.