The war in Ukraine is driving the flow of international investment in RES – for the first time in history, they will exceed fossil fuel financing. The International Energy Agency predicts that green investment will reach $1.7T by the end of the year, while investments in coal, gas, and oil will exceed $1T. Among the reasons for the green reorien... #FatihBirol #GreenENergy #RenewableEnergy #RESinvestments
This year, renewables will account for 70% of total investments worldwide in electricity , the International Energy Agency says in a new report. Renewables, largely wind and solar, will get $530 billion, the Agency says in the 64-page study. This year, for the sixth year in a row, investm... #RenewableEnergy #RESinvestments