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.