The COP29 Presidency, in partnership with the International Energy Agency (IEA), has unveiled three major pledges to advance renewable energy capacities and clean hydrogen production as part of the global energy transition. The Global Energy Storage and Grids Pledge aims to significantly increase energy storage capacity and grid infrastructure by 2030, essential for effective renewable energy utilization. The Green Energy Zones and Corridors Pledge, exemplified by the Central Asia-Azerbaijan Green Energy Corridor initiative, aims to enhance interconnectedness in regions like Central Asia to promote cost-efficient renewable energy transportation. Furthermore, the Hydrogen Declaration seeks to stimulate the global clean hydrogen market, building on the commitments made in COP28. The pledges were introduced during a high-level green energy roundtable event on Energy Day at COP29. The IEA's report 'From Taking Stock to Taking Action' provides a roadmap for implementing the COP28 goals, emphasizing the importance of timely expansion in grid infrastructure and energy storage. It warns of potential risks associated with delayed action, including higher emissions and electricity prices, more coal and gas generation, and increased curtailment of renewables. The report stresses the need for countries to integrate these goals into their domestic energy policies and to monitor progress at COP30. The success of these pledges hinges on effective national policy incorporation and their role in achieving the target of tripling renewable energy capacities by 2030.