According to the information compiled by the AA correspondent from the report titled "Allianz Green Transition Tracker 2026" published by Allianz Trade, despite the continuing difficulties in achieving climate targets on a global scale, developments in clean energy technologies support the acceleration of green transformation.
In the report, which evaluated 65 countries responsible for 81 percent of global greenhouse gas emissions, it was stated that 56 of these countries made progress in indicators towards net zero emission targets. However, it was pointed out that the pace of progress fell behind the target of limiting the global temperature increase to 1.5 degrees within the scope of the 2015 Paris Agreement.
The report estimated that if current trends continue, the world will reach the net zero emissions target only in 2064. Renewable energy sources have become the largest source of electricity generation in 2025, surpassing coal for the first time in global electricity production.
Last year, 33.5 percent of global electricity production was provided by renewable energy sources, while the share of coal was 33.2 percent. In the same period, 99 percent of new electricity production was met by renewable energy sources.
The increase in global greenhouse gas emissions decreased to 0.7 percent last year
According to the report, the spread of clean energy technologies has been effective in slowing down the rate of increase in global greenhouse gas emissions. While global greenhouse gas emissions increased by 1.5 percent in 2023 and 2024, this rate decreased to 0.7 percent in 2025.
The report predicts that global emissions will remain flat this year and carbon dioxide emissions from fossil fuels will decrease by approximately 0.5 percent, and it is reported that the share of electric vehicles in new car registrations increased from 18 percent in the third quarter of 2025 to 22 percent in the same period of 2026.
On the other hand, it was stated that increasing electricity demand, bottlenecks in the grid infrastructure and uncertainties regarding energy policies may limit the speed of green transformation. It was also estimated that the increasing energy needs of artificial intelligence applications and data centers could increase global emissions by approximately 0.6 percent by 2030.
Electricity grids and battery storage investments are gaining momentum
The report emphasized that in the next stage of the clean energy transformation, renewable energy production capacity, as well as electricity networks and energy storage infrastructure, will be decisive. In this context, global clean energy investments are expected to increase by 6.5 percent and reach 2.2 trillion dollars in 2026.
It is estimated that investment expenditures for renewable energy production will decrease by 3.6 percent, or approximately 25 billion dollars, in the same period. On the other hand, investments in electricity networks are expected to increase by 21 percent and investments in battery storage systems by 36 percent.
Integration of renewable energy sources into electricity systems and meeting the increasing demand for electricity are among the main reasons for the growth in these investments. Annual additions to battery storage capacity have increased from 2 gigawatt-hours in 2015 to more than 300 gigawatt-hours in 2025.
European Union loses momentum in emissions reductions
Pointing out that performance differences between countries have increased in the green transformation, the report stated that progress scores measuring closeness to net zero targets increased by 2 points on average.
While the progress scores of the countries in the upper half of the ranking increased by an average of 2.6 points, this increase was limited to 1.3 points in the countries in the lower half. Although European Union countries make up four of the top 10 countries that have made the most progress, the region has been seen to lose momentum in emissions reductions.
While greenhouse gas emissions in the EU will decrease by only 0.2 percent in 2025, the average annual decrease in previous periods was 4 percent. The report predicted that with current trends, the EU will be able to reach indicators compatible with net zero emission targets only in 2057.
The share of electric vehicles in new car sales in China exceeded 50 percent
The report stated that emissions in the USA increased by 2.2 percent in 2025 for the second time in a row, and that the increase in electricity demand and the 13 percent increase in electricity production from coal were effective in this increase. While emission growth in China decreased to near zero, the share of electric vehicles in new car sales exceeded 50 percent.
The report pointed out that technologies to remove carbon dioxide from the atmosphere have gained importance as the possibility of a global temperature increase exceeding 1.5 degrees increases.
According to ambitious climate scenarios, approximately 9 billion tons of carbon dioxide should be removed from the atmosphere annually by 2050, while current national commitments correspond to a capacity of less than 4 billion tons. It was estimated in the report that bringing new generation carbon removal technologies to the required scale could cost between 500 billion dollars and 1.4 trillion dollars annually.
The report also emphasized that carbon removal technologies should be a complement to emission reduction, not an alternative.
