This Summary for Policymakers at COP27 reflects the preliminary findings from a study of wind energy potential in developing economies around the world over the next five years, with the aim to reflect the vast and largely unexploited socioeconomic and environmental opportunities attached to wind energy, and to communicate the role wind energy can play in energy security.

Accelerated deployment of wind projects will not only support a global net zero target, but help countries to realise a range of benefits from job creation, energy self-reliance and cleaner air. The five countries examined in this study are: Argentina, Colombia, Egypt, Morocco and Indonesia.

An increasing number of countries have targets for wind energy installations in the coming decades, recognising that wind energy can play a key part in delivering net zero targets and Nationally Determined Contributions (NDCs) to the Paris Agreement.

It is also widely acknowledged that wind energy can play a key role in improving a country’s energy security, increasing self-reliance and providing a sustainable, reliable and affordable source of clean electricity generation.

The development of wind energy also can be a major boost to economic activity and form a bedrock for sustainable economic growth beyond this.