Transformational INDCs: how new renewables pledges could transform the economics of wind and solar
National plans to tackle climate change made ahead of the Paris climate talks indicate the world is on the brink of a huge expansion in renewable capacity says a report. The plans, called INDCs (Intended Nationally Determined Contributions), commit governments to a major expansion of renewable power. The report,Transformational INDCs: how new renewables pledges could transform the economics of wind and solar, by the Energy and Climate Intelligence Unit (ECIU) and Climate Nexus, shows that India and China’s pledges alone could double the current global capacity of wind and solar in the next fifteen years.
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