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$131trln needed by 2050 to finance renewables, says IRENA

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$131 trillion needed by 2050 to finance renewables, says IRENA

The International Renewable Energy Agency (IRENA) released a preview of its World Energy Transitions Outlook, just in time for the 7th Berlin Energy Transition Dialogue. Its focus is on keeping the global temperature rise to 1.5 ℃ until the end of the century and bringing CO2 emissions to net zero by 2050, as well as the policy and financing requirements needed to get there.

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