As COP30 kicks off in Belém, an inevitable question is where does the energy transition stand?
New McKinsey Global Institute research offers an answer, by examining the physical transformation at the heart of the transition.
We find that where we are is best characterized as a “tale of many transitions”. And therefore leaders need a detailed and nuanced understanding to plot a path forward—especially as innovation, geopolitics, policy shifts, and energy demand from data enters reshape the energy landscape.
Let’s begin with a birds-eye view. Progress has been better than many imagined, but also too slow to meet the goals of the Paris Agreement. By the end of 2024, on average about 13.5 percent of all the low-emissions technologies required for 2050 had been deployed. This was a few percentage points more than two years earlier. But it was also roughly half of what is needed to keep warming “well below” 2°C.
The devil is in the details. Huge unevenness of
We współpracy z: https://fortune.com/2025/11/06/cop30-climate-mckinsey-progress-uneven/