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NDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030

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At COP29, IRENA Outlook calls for ambitious NDC updates, reflecting the global pledge to triple renewable power capacity and double energy efficiency by 2030.

ABU DHABI, UAE and BAKU, Azerbaijan, Nov. 11, 2024 /PRNewswire/ — Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to IRENA’s World Energy Transitions Outlook 2024.

Released at the opening of the UN Climate Conference COP29 in Baku, Azerbaijan, the Agency’s 1.5°C Scenario outlines a net-zero path by midcentury, offering a framework for governments to develop energy transition strategies that better align energy planning with climate policies to channel investment.

The Outlook shows that current country pledges could cut global energy-related CO2 emissions by 3% by 2030 and 51% by 2050. Achieving the global goals of tripling renewable power capacity and doubling energy efficiency by 2030, as agreed at COP28, would keep the energy transition on track for net-zero emissions by 2050. These 2030 targets are crucial to limiting global temperature rise to below 1.5°C, as underscored by the UAE Consensus.

However, a significant gap remains between political announcements and actual county plans and policies. National plans and targets are set to deliver only half of the required growth in renewable power by 2030. Investments in renewable power, grids and flexibility, energy efficiency and conservation must increase dramatically to meet the renewable energy and efficiency goals, totalling USD 31.5 trillion from 2024-2030.

There are also large geographical disparities in terms of renewable additions and investments, causing inequalities in the global energy transition. While renewable investment has generally been on the rise, it remains concentrated in a few countries, leaving much of the Global South behind.

Moreover, with over 70% energy supply, fossil fuels continue to dominate the energy mix in several of the biggest economies, the world’s largest CO2 emitters. To meet the 1.5°C target, the G20 must triple its installed renewable power capacity by 2030, reaching 9,400 gigawatts (GW), and expand it seven-fold by 2050 to 24,900 GW, compared to 2023 levels.

Francesco La Camera, the Director-General of IRENA said: “We have reached crunch time. A robust global finance deal and the next NDCs in 2025 are ‘make or break’ moments to keep 1.5°C alive. NDCs 3.0 provide the last opportunity this decade for countries to step up their stated ambitions. Particularly, an agreement on a new quantified goal for climate finance at COP29 is critical to ensure a just transition, support investments in the Global South and empower countries to step up their NDC ambitions. 1.5°C hinges on efforts by G20 countries. Their NDCs must match global commitments to triple renewable power capacity and double energy efficiency by 2030.”

Under IRENA’s 1.5°C Scenario, renewable energy sources would provide the bulk of the power mix, accounting for 68% and 91% of the total electricity supply by 2030 and 2050, respectively. By 2050, a deep transformation of the power and end-use sectors is required to enable the high shares of renewable energy required by the transition.

Globally, the expansion of renewable electricity will facilitate the transition away from fossil fuels in the power sector. Fossil fuels will significantly shrink from a dominant share of 61% in the global power generation mix today, to 24% by 2030 and further to 4% by 2050.

Transitioning the current power system from fossil fuels to renewables requires stronger and more flexible power grid networks. This can be provided by energy storage solutions, demand-side management, and sector coupling technologies and strategies. Particularly, energy storage is one technical key enabler towards a fully decarbonised, 100% renewable power system.

As countries prepare for the third round of NDCs in 2025, it is crucial that they better align with national energy plans and net-zero targets. IRENA is already working with 101 Parties of the Paris Agreement on the upgrade and implementation of NDCs. Coherent national energy and climate strategies facilitate transparency, attract investment, and accelerate the transition to a low-carbon, resilient economy.

International collaboration can secure the significant increase in finance needed for a just transition that maximises socio-economic benefits. This could be facilitated by new sources of funding such as the global wealth tax championed by this year’s G20, emphasising equity, social or environmental responsibility.

There is also a need for huge amounts of public finance to de-risk projects in high-risk countries and fund crucial infrastructure. Such funding could in part come from a reduction in fossil fuel subsidies. 

Read World Energy Transitions Outlook 2024: 1.5°C Pathway.

 

View original content:https://www.prnewswire.com/news-releases/ndcs-3-0-a-make-or-break-for-global-goal-to-triple-renewables-by-2030–302301188.html

SOURCE International Renewable Energy Agency (IRENA)

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Insurance Expert Steven Barber Explains Hail Damage Insurance Claims for Homeowners in HelloNation

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The article explains how homeowners can document hail damage, review roof coverage, and understand insurance deductibles before filing a claim.

FORT WORTH, Texas, Oct. 30, 2026 /PRNewswire/ —

KEY HIGHLIGHTS

Homeowners should check for visible hail damage from a safe location and document any signs of roof or property damage.Reviewing homeowners’ insurance can help homeowners understand roof coverage, deductibles, and how claim payments work.Replacement cost coverage and actual cash value coverage can affect how much an insurance company pays for covered roof damage.

What should homeowners know before filing a hail damage insurance claim? A HelloNation article answers this question with insights from Steven Barber, Insurance Expert of Fort Worth, Texas. The feature explains how homeowners can identify storm damage, review their insurance policies, and prepare for the claims process.

How Should Homeowners Check for Hail Damage?

The article explains that hail damage is not always easy to see from the ground. Strong hail can crack shingles, loosen roofing materials, and leave dents in gutters. Some damage may also lead to leaks weeks or months after a storm.

Homeowners should begin by checking for visible damage from a safe location. Missing shingles, broken siding, and roofing materials on the lawn may point to storm damage. The article advises homeowners to avoid climbing onto their roofs and instead contact a qualified roofer for an inspection.

Steven Barber’s insights also highlight the value of keeping clear records. Homeowners should take photos of visible damage, note the date of the storm, and save records of any repairs. These details may help support a roof insurance claim.

If water enters the home, homeowners should take reasonable steps to prevent further damage. Keeping receipts for temporary repairs may also be helpful because some homeowners insurance policies cover eligible costs to limit additional damage.

What Should Homeowners Review Before Filing an Insurance Claim?

The HelloNation article explains why reviewing homeowners insurance is an important step before filing a claim. Policy terms can affect what types of roof damage are covered and how much a homeowner may need to pay.

Most standard homeowners insurance policies provide some protection against sudden hail damage. However, coverage depends on the policy, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep are generally treated differently from damage caused by a recent storm.

An insurance deductible is another important factor. This is the amount a homeowner pays toward a covered loss before the insurance company pays its share.

For example, if covered roof repairs cost $8,000 and the deductible is $2,000, the insurer may pay $6,000, depending on the policy.

The article also explains that some policies have separate wind and hail deductibles. These may be set dollar amounts or percentages of the home’s insured value. A two percent deductible on a home insured for $300,000 would equal $6,000.

Understanding these amounts can help homeowners estimate their costs before filing hail damage insurance claims.

How Does Roof Coverage Affect Insurance Payments?

The article identifies replacement cost coverage and actual cash value coverage as two important terms homeowners should understand.

Replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage takes the roof’s age and wear into account, which may lead to a smaller payment.

The article also explains that some replacement cost policies issue payments in stages. An insurance company may send an initial payment and release the remaining eligible amount after repairs are complete.

Homeowners may need to provide receipts or final repair documents before receiving the remaining funds. The exact process depends on the insurance policy.

Knowing how roof coverage works can help homeowners prepare for repair costs and understand what to expect during a claim.

What Happens After a Homeowner Files a Roof Insurance Claim?

According to the HelloNation article, homeowners who decide to file a claim should contact their insurance company and ask about the required documents and deadlines.

The insurance company may arrange an inspection to review the damage and determine what the policy covers.

Homeowners can also request a written repair estimate from a qualified roofer. Comparing that estimate with the insurer’s findings may help identify differences in the proposed work.

The article notes that not every hail mark means a roof needs to be replaced. Homeowners should ask questions when repair recommendations or damage findings are unclear.

Keeping copies of photos, estimates, receipts, and claim messages can also make the process easier to follow. If an insurer denies part of a claim, homeowners can ask which policy terms apply and whether another review is available.

The article also encourages homeowners to be careful when hiring contractors after a major storm. Checking licenses where required, insurance, references, and written contracts can help homeowners avoid problems during repairs. Homeowners who are unsure which roofing company to hire can also contact their local insurance agent for a list of reliable roofing companies.

What Homeowners Should Know About Hail Damage and Roof Insurance Claims features insights from Steven Barber, Insurance Expert of Fort Worth, Texas, in HelloNation.

FREQUENTLY ASKED QUESTIONS

What Should Homeowners Do First After a Hailstorm?

Steven Barber’s insights in the HelloNation article explain that homeowners should check for visible damage from a safe location. Taking photos, recording the storm date, and arranging a professional roof inspection can help homeowners understand the damage before filing a claim.

Does Homeowners Insurance Cover Hail Damage to a Roof?

The article explains that most standard homeowners insurance policies cover some sudden hail damage. However, roof coverage depends on the policy terms, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep may not qualify for the same protection.

How Does an Insurance Deductible Affect a Hail Damage Claim?

According to the article featuring Steven Barber, an insurance deductible is the amount a homeowner pays toward a covered loss. Some policies have separate wind and hail deductibles that may be higher than the deductible for other claims.

What Is the Difference Between Replacement Cost Coverage and Actual Cash Value Coverage?

The HelloNation article explains that replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage considers the roof’s age and wear, which may reduce the claim payment.

How Can Homeowners Find a Reliable Roofing Contractor After a Hailstorm?

Steven Barber’s featured insights encourage homeowners to check a roofing contractor’s license where required, insurance, references, and written contract before agreeing to repairs. Homeowners can also contact their local insurance agent for a list of reliable roofing companies if they need help deciding whom to hire.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/insurance-expert-steven-barber-explains-hail-damage-insurance-claims-for-homeowners-in-hellonation-302925268.html

SOURCE HelloNation

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A+ Federal Credit Union Celebrates Award-Winning Banking With $250 New Member Offer

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Austin’s #1 Credit Union invites the community to experience nationally recognized digital banking and discover what it means to live an A+ life

AUSTIN, Texas, Oct. 30, 2026 /PRNewswire/ — A+ Federal Credit Union (A+FCU) is celebrating a year of recognition by saying thank you to the community that made it possible and inviting more people to experience award-winning banking with a special opportunity to earn up to $250 when they become a new member.

For the fourth consecutive year, A+FCU was voted the #1 Credit Union in the 2026 Best of ATX Awards, an honor determined by votes from the local community.

The local recognition comes alongside national honors for A+FCU’s digital banking experience. Global Finance’s 2026 World’s Best Consumer Digital Banking Awards named A+FCU Best Consumer Digital Bank in the United States, while the A+ Mobile App was named Best Mobile Banking App in the United States and North America for the second consecutive year.

Together, the honors recognize both sides of the A+FCU experience: a credit union deeply connected to the communities it serves and one delivering innovative, convenient digital banking that helps members manage their money wherever life takes them.

“Being voted Austin’s Best Credit Union for four years in a row is especially meaningful because that recognition comes from the community we serve. Combined with national recognition for our digital banking experience, it’s a powerful reflection of our team’s commitment to helping members live their A+ lives,” said Eric R. Kase, President/CEO of A+ Federal Credit Union. “We’re grateful to our members for their continued trust, and we invite even more of those in Central Texas and across the state to experience the A+ difference.”

As a special thank you and invitation to the community, new members can currently earn up to $250 when they join A+FCU and open qualifying accounts. There are a variety of ways to qualify for an A+FCU membership. New members can earn $50 for opening a new membership with a free Cash-Back Checking Account, plus another $200 after qualifying payroll direct deposits totaling $800 or more. The promotion requires use of promo code 2026OFFER250 and is subject to additional terms and eligibility requirements.

And the benefits are designed to continue beyond the initial offer. The A+FCU Cash-Back Checking Account offers unlimited cash back on purchases made with an A+FCU debit card, with no monthly fees and cash back paid monthly.

Members also have access to A+FCU’s nationally recognized digital banking experience. The free A+ Mobile App includes biometric login and enhanced security features, real-time transaction alerts, card controls and budgeting tools, mobile check deposit, person-to-person money transfers, access to free monthly credit score updates, streamlined direct deposit setup, and live chat support.

“For more than 77 years, we’ve grown alongside the communities we serve,” Kase added. “As we look ahead, we’ll continue finding new ways to make banking easier, more convenient, and more rewarding while staying true to the personal service and community commitment that have always defined A+FCU.”

To learn more about A+FCU membership and limited-time $250 new member joining offer, visit aplusfcu.org/rewards.

About A+ Federal Credit Union
A+ Federal Credit Union was founded in 1949 by 50 Austin, Texas teachers. Over seventy-seven years later, A+FCU is an award-winning institution with more than 191,000 members throughout the community, $2.52 billion in assets, over 520 employees, and 22 branches. A+FCU supports members with a full range of financial products including home, auto, and business loans, checking and savings accounts, as well as digital banking solutions for banking on the go. Learn more at aplusfcu.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/a-federal-credit-union-celebrates-award-winning-banking-with-250-new-member-offer-302925269.html

SOURCE A+ Federal Credit Union

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From Fairways to Futures: Swings for STEM Raises $100,000

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Third Annual Event Brings Together Chemical Industry Leaders, Policymakers, Academic Partners and Students to Strengthen Tomorrow’s Workforce

WASHINGTON, Oct. 30, 2026 /PRNewswire/ — The Alliance for Chemical Distribution (ACD) and American Chemistry Council (ACC) joined forces Monday for the third annual Swings for STEM golf tournament, raising $100,000 to support the next generation of scientists, engineers, and innovators. The event brought together stakeholders from industry, government and academia for a day of friendly competition and fundraising benefiting the Future of STEM Scholars Initiative (FOSSI) and Creating Exciting Futures in STEM (CEFinSTEM) , two organizations that seek to inspire, support, and expand access to STEM education.

“The future of our industry depends on the next generation of scientists, engineers, and innovators, and we have a responsibility to help them succeed,” said Eric R. Byer, President and CEO of ACD. “Swings for STEM is about more than raising money. It’s about opening doors, building relationships, and giving talented young people the opportunity to see what’s possible in the chemical distribution industry. We’re incredibly grateful to our sponsors, donors, and participants for helping us invest in the next generation of STEM leaders.”

“Chemistry is at the heart of American innovation, and maintaining that leadership starts with investing in the next generation,” added Chris Jahn, President and CEO of the American Chemistry Council. “When we launched FOSSI, our goal was to create new pathways into STEM careers and strengthen the chemical industry’s talent pipeline. Today, more than 900 scholarships have been funded through that effort. Swings for STEM reflects that same vision, bringing industry and policy partners together to raise nearly $300,000 over the past three years.”

The event also featured a dedicated student program for FOSSI scholars, combining a golf clinic, leadership development workshop, and networking opportunities.

FOSSI Scholar Brandon Simmons was one of nearly 20 scholarship recipients who attended the event, sharing, “My experience at Swings for STEM was truly rewarding. I enjoyed learning new techniques and connecting with fellow FOSSI scholars from different schools. The event was a great opportunity to build relationships, share experiences, and grow alongside other scholars. I’m grateful to FOSSI for creating opportunities like this that foster both personal growth and a strong sense of community.”

To learn more about FOSSI visit www.FutureofSTEMScholars.org. Scholarship applications are open until January 8th, 2027. Eligible students can apply here.

To learn more about CEFinSTEM, visit www.cefinstem.org.

ACC and ACD extend their gratitude to the sponsors who made this event possible:

The American Cleaning InstituteThe American Coatings AssociationAmerican Fuel & Petrochemical ManufacturersThe American Cleaning InstituteAstro ChemicalsCGCNChevron Phillips Chemical LPDowEastman Chemical CompanyThe Fertilizer InstituteHighland Advocacy GroupHolland & KnightThe Household & Commercial Products Association Mehlman ConsultingOGRPLASTICS Industry AssociationRussell Reynolds AssociatesSociety of Chemical Manufacturers & Affiliates (SOCMA)SolsticeSquared CommunicationsTargeted VictoryThompson Hine LLPTunnlThe Vinyl InstituteWashington Examiner

Alliance for Chemical Distribution
The Alliance for Chemical Distribution (ACD) partners with our more than 400 chemical distribution industry members to provide the education, connection, standards, and advocacy they need to responsibly move the essential products our world depends on. As leaders in the $27B+ chemical distribution industry, ACD member companies commit to the highest standardsin quality, safety, sustainability, and performance through ACD Responsible Distribution™. For more information, visit www.acd-chem.com.

American Chemistry Council
The American Chemistry Council’s mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably—for generations to come.

View original content to download multimedia:https://www.prnewswire.com/news-releases/from-fairways-to-futures-swings-for-stem-raises-100-000–302925278.html

SOURCE American Chemistry Council

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