IRENA urges 35% global electrification by 2035, warns renewables not replacing fossil fuels

IRENA's 2026 World Energy Transitions Outlook reports that renewable capacity additions are not displacing fossil fuel generation, only supplementing it. The agency calls for accelerated electrification to reach 35% of final energy use by 2035, framing this as a necessary shift from adding capacity to actively replacing fossil-based systems. The report signals a policy push that could influence national energy strategies and investment flows, though it lacks binding commitments.