UNCTAD says renewable energy transition requires over $1 trillion yearly by 2030

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UNCTAD reports that the global transition to renewable energy will require more than $1 trillion in annual investments by 2030. The report highlights concerns that developing countries may struggle to meet climate and energy goals without increased foreign direct investments and better access to clean technologies.

The United Nations Conference on Trade and Development (UNCTAD) has said the global transition to renewable energy will require more than $1 trillion in annual investments by 2030, warning that developing economies may struggle to meet climate and energy targets without stronger foreign direct investment inflows and wider access to clean technologies.  The post UNCTAD says renewable energy transition requires over $1 trillion yearly by 2030 appeared first on Nairametrics.