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Report: Global Clean Energy Investment Crosses $2T

    story
    JAN 30
    Image copyright: Unsplash
    story last updated JAN 31

    The Spin

    Narrative A

    The energy transition is showing remarkable resilience despite political uncertainty and high interest rates. Record-breaking investment levels and significant growth in mature technologies demonstrate strong market confidence in clean energy solutions. This is a significant step toward the world reaching 60% renewable electricity by 2030, which is critical to meeting global climate goals.

    BloombergNEFKPMG

    Narrative B

    The planet registered the highest temperatures on record in 2024. This shows that the current pace and scale of investment are falling dramatically short of what's needed for meaningful climate action. There's a particular weakness in emerging technologies and a concerning slowdown in growth rate from 24-29% in previous years to just 11% in 2024.

    Asia FinancialFT

    Metaculus Prediction


    The Controversies


    UNLIKELYLIKELY
    Status:Open
    Will Global Warming Be Limited to 1.5°C or "Well Below" 2°C?
    Controversy
    JAN 31JAN 31

    Status:Open
    Will There Be an End to Fossil Fuels, and If So When?
    Controversy
    +17
    JAN 31JAN 31

    Articles on this story

    China built out record amount of wind and solar power in 2024
    Associated PressJAN 15
    Global Energy Transition Investment Exceeded 2 Trln Last Year Report Shows 2025 01 30
    ReutersJAN 15