February 23, 2023

Investments in renewables reaches record, but inequitable high

The investment was a new record high, up 19% from 2021 investment levels and 50% higher compared with investment before the pandemic in 2019. The report finds that, although global investment in renewable energy reached a record high of $500-billion in 2022, this still represents less than 40% of the average investment needed each year between 2021 and 2030, according to Irena’s 1.5°C …

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