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Global Energy Transition Investment Touched $2.4 Trillion in 2024

The investment, however, fell short of the required levels to align with the 1.5°C pathway

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Global investments in energy transition technologies reached a record high of $2.4 trillion in 2024, a 20% increase from the average annual levels of 2022/2023, according to the International Renewable Energy Agency’s (IRENA)  ‘Global Landscape of Energy Transition Finance 2025’ report.

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