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September 26, 2023

IEA underlines need for huge increase in clean energy investment

Installing Solar Panels
The IEA says the record growth in solar power capacity and electric car sales in recent years is in line with the world reaching net zero emissions by 2050 (Photo: Los Muertos Crew/Pexels)

The International Energy Agency’s updated net zero scenario celebrates the rollout of solar power and electric vehicles, but warns that more money, faster action and better politics are key to timely climate action

A massive uptick in investment in clean energy globally, and especially in emerging and developing economies, is vital if the world is to keep global heating below 1.5C and avoid the worst impacts of climate change, warns the International Energy Agency in a new report.

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