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Record Investment in Renewables Falls Short of COP28 Goals

Power | Utility Scale Solar PV | Investments

In 2023, a record $1.8 trillion was invested in renewable energy, but it still falls short of the targets set for COP28, according to an EY report. The current pace of investment is insufficient to meet the global climate goals. Significant increases in funding and strategic initiatives are necessary to bridge the gap and accelerate the transition to a sustainable energy future.

Decarb Avenues

  • Utility Scale Solar PV
  • Wind Power

Drivers

  • Investments

Stakeholders

  • Corporate Leaders
  • Investors