COP30 Unlocks Trillions for Grids and Storage, Tackling the Clean Energy ‘Bottleneck’
The 30th Conference of Parties (COP30) to the United Nations Framework Convention on Climate Change delivered one of the summit's most consequential developments on November 18, 2025, by directly addressing what leaders repeatedly called the “biggest bottleneck” to the global clean-energy transition: outdated electricity grids and inadequate energy storage systems. Governments, development banks, and industry announced billions in fresh financial commitments, signaling a pivotal shift in climate funding priorities.
Massive Financial Pipeline Confirmed
The most significant financial signal came from the Utilities for Net Zero Alliance (UNEZA), which announced plans to spend $148 billion every year, establishing a $1 trillion pipeline for grid and storage expansion to 2030.
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