IRENA: $5 Trillion Per Year Needed To Meet Climate Goals ...Middle East

A new report from the International Renewable Energy Agency (IRENA) has found that we need to increase our annual investments in renewable energy by four times to meet climate goals.  According to IRENA, global investments in renewable energy technologies must exceed $5 trillion annually to align with the Paris climate accord's commitment to limiting temperature increases to 1.5 degrees Celsius above pre-industrial levels. Last year, investments in renewable energy reached a record of $1.3 trillion, but that is insufficient…

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