Story perspectives
Global Leaders Urged to Revamp Energy Grids for Clean Transition
11/20/2025
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Story summary
- COP30 urged global leaders to upgrade electricity grids and energy storage to accelerate the clean-energy transition.
- On November 18, 2025, the Utilities for Net Zero Alliance announced $148 billion annually, with major development banks pledging over $12 billion.
- Germany's Environment Minister stressed that energy grids must be efficient to utilize renewable energy.
- Despite pledges, concerns persist about investment gaps, especially in emerging markets.
