PARIS: The world has no option other than to finance a huge, sevenfold surge in investment into clean energy in emerging and developing economies if climate goals are to be met, an IEA report said Wednesday.“In many emerging and developing economies, emissions are heading upwards while clean energy investments are faltering, creating a dangerous fault line in global efforts to reach climate and sustainable energy goals,“ said IEA Executive Director Fatih Birol.The Financing Clean Energy Transitions in Emerging and Developing Economies report calculated that annual clean energy investment must increase more than sevenfold — from less than $150 billion (RM 617.7 billion) in 2020 to more than $
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