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Tracking SDG7: The Energy Progress Report 2023

A recent report, titled "Tracking SDG7: The Energy Progress Report 2023," was released through collaboration between the International Energy Agency (IEA).

Context: –

A recent report, titled “Tracking SDG7: The Energy Progress Report 2023,” was released through collaboration between the International Energy Agency (IEA), International Renewable Energy Agency, United Nations Statistics Division, World Bank, and the WHO.

  • The report highlights various challenges that hinder progress towards achieving United Nations’ Sustainable Development Goal 7.
  • Factors such as high inflation, uncertain macroeconomic outlook, debt distress, and limited 13 MATE financial flows have contributed to the world falling off-track in achieving SDG 7.

SDG 7

  • Sustainable Development Goal 7 (SDG7) calls for “affordable, reliable, sustainable and modern energy for all” by 2030. It’s three core targets are the foundation for our work: By 2030:
  • Target 7.1: ensure universal access to affordable, reliable and modern energy services Target 7.2: increase substantially the share of renewable energy in the global energy mix
  • Target 7.3: double the global rate of improvement in energy efficiency
  • Target 7.a: enhance international cooperation to facilitate access to clean energy research and technology.
  • Target 7.b: expand infrastructure and upgrade technology for supplying modern and sustainable energy services for all in developing countries.

Read also:- National Clean Air Program

Efforts:-

  • Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA)
  • Green Energy Corridor (GEC)
  • National Smart Grid Mission (NSGM) and Smart Meter National Programme·
  • Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME)
  • International Solar Alliance (ISA)
  • The Ministry of New and Renewable Energy on its website also hosts Akshay Urja Portal and India Renewable Idea Exchange (IRIX) Portal.

Way forward:-

There can be no doubt about the fact that the renewable energy is the energy of the future. The current direction indicates the possibility of elimination of fossil fuels-based energy as early as 2050. This will lead to a cleaner planet, greener planet and make the earth a better place to live in. However, it is important that we have a clear policy guideline, wherein we explore the right mix of energy sources, integrated into the grid to achieve maximum efficiency.

Read also:- Energy Conservation: Where Do We Stand?

Tracking SDG7: The Energy Progress Report 2023

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