The World Needs $131 Trillion In Clean Energy Investment By 2050 ...Middle East

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The World Needs $131 Trillion In Clean Energy Investment By 2050
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The world needs to shift energy investments to low-carbon energy sources and boost those investments by 30 percent to a total of US$131 trillion by 2050 if it is to achieve the 1.5 degrees Celsius goal of the Paris Agreement, the International Renewable Energy Agency (IRENA) said in a report on Tuesday. Currently, government plans envisage U$98 trillion in energy systems by the middle of this century, but this should be boosted by 30 percent so that the world remains on the 1.5 degrees Celsius path of the Paris Agreement goals, IRENA said in its…

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