Triple investments in renewables

At least $4 trillion a year needs to be invested in renewable energy until 2030 – including investments in technology and infrastructure – to allow us to reach net-zero emissions by 2050.

Not nearly as high as yearly fossil fuel subsidies, this investment will pay off. The reduction of pollution and climate impact alone could save the world up to $4.2 trillion per year by 2030.

The funding is there – what is needed is commitment and accountability, particularly from the global financial systems, including multilateral development banks and other public and private financial institutions, that must align their lending portfolios towards accelerating the renewable energy transition.

In the Secretary-General’s words, “renewables are the only path to real energy security, stable power prices and sustainable employment opportunities.”

(Lesrn More: United Nations – Climate Action)

The world needs to prioritize now the transformation of our energy systems and speed up the shift to renewable energy – “

UN Secretary-General António Guterres

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