Meeting Climate Goals need Trillion-Dollar Investment
A recent report highlighted the colossal investment required to triple renewables by 2030, crucial for meeting climate goals set at the UN conference in Dubai.
- Asia leads the charge, with policies in China and India propelling the region towards the goal of tripling renewable energy capacity.
- The report underscores the need for an investment of USD 12 trillion by 2030, with USD 8 trillion designated for new renewables and USD 4 trillion for grid and storage infrastructure.
- Despite Asia's progress, significant coal and gas projects pose a risk to the transition, emphasizing the imperative to avoid further fossil fuel ....
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