Energy_Transition

Global capital spend of $173trn to 2050 in 'inherently uncertain' transition to net zero: BNEF

Annual investment in renewables will need to double to over $3trn a year if world is to get on track for Paris climate action targets, analyst's latest New Energy Outlook finds

Wind turbines are seen behind RWE's Neurath open-cast mining and the coal-fired power station in Garzweiler, Germany, earlier this year
Wind turbines are seen behind RWE's Neurath open-cast mining and the coal-fired power station in Garzweiler, Germany, earlier this yearFoto: INA FASSBENDER/AFP via Getty Images/NTB scanpix
BloombergNEFwindsolarStorage
Published 21 July 2021, 12:00Updated 26 July 2021, 16:11