Global landscape of renewable energy finance 2020
Global landscape of renewable energy finance 2020
While global investments in renewable energy have risen steadily in recent years, they remain far below the levels required to put the world on course for a climate-safe future. This report, co-developed by the International Renewable Energy Agency (IRENA) and Climate Policy initiative, provides actionable recommendations for policy makers and other stakeholders to scale up investment and mobilise capital in the sector. From about USD 300 billion globally in recent years, annual investments in renewables must triple to USD 800 billion by 2050 to fulfil key global decarbonisation and climate goals.