In 2023, renewable energies power over half of Germany’s electricity consumption, a 5 percentage point increase from the previous year. This is a monumental step as months like July, May, October, and November showcased high peaks in renewable electricity generation, with record-breaking figures in solar and onshore wind energy. Lower overall electricity consumption contributed positively to the renewable energy quota, reaching 52 percent, while the total renewable energy production surged by 6 percent to 267.0 billion kWh. Leaders emphasized the crucial need for continued policy support and global scaling of renewables, particularly for green hydrogen and direct air capture systems, to meet climate targets and foster a sustainable energy future.

This week, The World Bank approved $1.5 billion in financing to support India's low-carbon transition. This approval represents a massive step towards addressing climate change and promoting sustainable development in India.

This week, there was a major turning point in the United States’ commitment to sustainability and environmental stewardship. The Biden-Harris Administration's recent announcement of an unprecedented $11 billion investment plan for the creation of clean energy programs across rural America is the largest investment of this kind that the states have ever seen and is guaranteed to have residual impacts. This significant investment has the potential to accelerate the shift to renewable energy, stimulate economic growth, and combat climate change challenges.

This week IRENA’s Director-General Fancesco La Camera shared the World Energy Transitions Outlook 2023 Preview and warned that our world needs a dramatic shift in the energy transition to avoid surpassing our 1.5 C climate target. What this translates to is a total of $35 trillion is needed by 2030 to expedite this energy transition.

Today, the European Union countries gave their final approval to adopt a new regulation that will require a 100% reduction in emission from new cars and vans. The EU policy will require all new cars sold to have zero CO2 emissions from 2035 and 55% lower CO2 emissions from 2030, versus 2021 levels. This is in line with the European Commission’s “Fit for 55” roadmap to cut GHG emissions. However, Germany won an exemption for cars running on e-fuels, leading to concerns that traditional combustion engine cars could still be sold beyond 2035.

On Sunday, national governments gave their final approvals on the latest IPCC report after approval was delayed due to battles between rich and developing countries over emissions targets and financial aid to vulnerable nations. The IPCC report was intended to be approved last Friday, but was repeatedly delayed as officials from big nations such as China, Brazil, Saudi Arabia, the United States and the European Union negotiated around specific wording of key phrases found in the report. After approvals finally happened, the report was publish Monday afternoon and made some very clear statements regarding what is possible and what the stakes are when looking at climate change.

In the first mandate of its kind, the Japanese capital’s local assembly now requires all new houses built in Tokyo by large-scale homebuilders after 2025 must install solar panels.

France’s Senate approved new legislation that will now require all parking lots with spaces for 80 vehicles or more to be covered by solar panels. This legislation expands to both and new and old parking lots.

On Wednesday Amazon announced that they would expand their already vast portfolio of renewable energy projects by 71 more projects. With a total of now 379 renewable energy projects these 71 new projects are dedicated to wind and solar around the world which will add 2.7 GW of energy capacity. Amazon expects that all 379 of these renewable energy projects will generate about 50,000 GWh of clean energy which equals enough energy to power 4.6 million US homes each year.

This week, The California Energy Commission (CEC) adopted a set of goals that will enable the state to develop clean energy through offshore wind. This offshore wind development is expected to generate 2,000-5,000 megawatts (MW) of offshore wind by 2030, and should increase to 25,000 MW by 2045. Assuming the state hits these goals, that would be enough electricity to power 3.75 million homes by 2030 and 25 million homes by mid-century.

IPCC Climate Change Mitigation Report: What you need to know.

Early in April, the Intergovernmental Panel on Climate Change (IPCC) published the second part of their sixth evaluation report. This report primarily focuses on mitigation of further climate change, reducing greenhouse gas (GHG) emissions, and removing carbon dioxide (CO2) from the atmosphere.