investment in green energy like solar and wind is falling short of what’s needed to keep the planet from warming up significantly.
At the same time, spending on fossil fuels is lower than needed if current demand growth for oil, natural gas and coal continues.
global emissions are on track to post their second-largest annual increase in 2021, nearing an all-time high.
IEA warns clean-energy spending must triple to curb climate change
even if all governments’ current net zero pledges were implemented in full and on time, the world would only achieve 20 per cent of the emissions cuts by 2030 needed to keep the goal of net zero emissions by 2050 a possibility.