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Global Shift to Clean Energy Accelerating Despite Continued High Investment in Coal

  • Clean energy investments are outpacing fossil fuels due to policy support and energy security concerns.
  • Investment in coal is rising sharply despite the need to cut emissions.
  • $2.8 trillion will be invested in energy in 2023, with over $1.7 trillion in clean energy.
  • Solar investment will top $1 billion a day, surpassing oil for the first time.
  • High interest rates, weak infrastructure and unclear policies are limiting renewable growth in some countries.
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