Energy transition $1trn spend matches fossils for first time but 'woefully short' of climate goals

Investment in renewables led by wind and solar power sees record $495bn committed last year, followed closely by e-mobility sector, but global transition spend must triple to hit 2050 net zero targets, says BloombergNEF

Equinor's UK Dudgeon wind farm.
Equinor's UK Dudgeon wind farm.Foto: Equinor/Woldcam
Published 27 January 2023, 16:01Updated 14 October 2023, 15:03