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The International Energy Agency’s (IEA) recommendations include building out renewable energy capacity to 11,000 gigawatts by 2030, and increasing global investment into clean energy | World News
Record growth in clean energy, including solar panels and electric vehicles, means it is possible to limit global warming to 1.5 degrees.
International Energy Agency warns of impact of increased fossil fuel investment and ‘stubbornly high emissions’.
Vast spending needed in clean energy technologies to reach environmental goal by 2050
Record growth in clean energy technology, including solar panels and electric vehicles, means it is still possible to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), the International Energy Agency (IEA) said on Tuesday. But it also said the world would need need to invest nearly $4.5 trillion per year in the transition to cleaner energy from the start of the next decade, up from spending of $1.8 trillion expected in 2023.