Around $1.70 is now invested in clean energy for every $1 invested in fossil fuels. Is that enough to get us to net zero?

Lug 15 2023

It has been a volatile few years for the energy sector. Extreme disruption from the global energy crisis has intersected with a pressing need to urgently ramp up renewables investment to help avoid a climate crisis. So how has the energy crisis redrawn the renewable investment landscape? Well, for every $1 spent on fossil fuels, $1.70 is now spent on clean energy. Five years ago, the ratio was 1:1. That’s according to the International Energy Agency’s (IEA) latest World Energy Investment report…


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