Task Force 3:
Environment, Energy and Sustainable Development
SDG 7 and Renewable Energy Innovations: The Road Ahead for Green Growth and Sustainable Trade, and Energy Security
April 1, 2025
Abstract
Renewable energy is essential for tackling climate change, economic growth, and energy security. Global renewable capacity must triple by 2030 to meet climate targets. Key challenges: financing gaps, technology transfer barriers, and energy poverty. G7 nations must lead through R&D investments, green financing, and trade frameworks. Tech advancements have lowered costs, but regulatory and supply chain issues persist. AI-driven energy management, public-private partnerships, and knowledge-sharing are vital. The next decade is crucial—urgent action is needed to achieve SDG7 and build a sustainable energy system for all.