Renewable Energy Investment Not Enough to Reach Paris Climate Target ...Middle East

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Renewable Energy Investment Not Enough to Reach Paris Climate Target
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Despite record investments in renewables, the current funding for clean energy deployment is insufficient for the world to reach the 1.5 degrees Celsius pathway under the Paris Agreement, renewable energy think tank REN21 said in an annual report.   Despite record renewables investments, which hit as much as $622.5 billion in 2023, the world is still far from what is needed to meet the climate and sustainable development goals, REN21’s Executive Director Rana Adib wrote in the foreword to the report.   Estimates have shown…

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