Posted 11/28/2023, 3:38:48 PM
$13.5 Trillion in Clean Energy Investment Needed for Carbon Neutrality by 2050, Focus on Decarbonizing Industry and Transport
- $13.5 trillion in investments needed in production, energy, and transport sectors to achieve carbon neutrality by 2050
- Industrial and transport sectors emit 40% of global emissions, so decarbonizing them is crucial
- Investments needed for clean power generation, hydrogen production, carbon capture and storage
- Additional investments required to build clean energy infrastructure
- Public-private partnerships and policy incentives important to support mobilizing the necessary investments