DNV calls leaders for an urgent change of mindset

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Paris-compliant transition is affordable, but will require massive redirection of capital into clean energy

An urgent change of mindset and a massive redirection of spending from carbon-heavy investment into clean energy is needed if an affordable transition that meets the Paris Agreement is to be achieved, says DNV in its special report: “Financing the Energy Transition“. The financial markets, supported by policy and regulation, have an essential role to play in ensuring a just and accelerated transition Financiers face challenges in how to price the risk of often multi-decade energy projects  Emissions must fall by around half by 2030 for a 1.5ºC future – DNV forecasts they will fall by just 9%, and... ... More: Official Press Release DNV

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DNV, COP26, Paris Agreement, leaders, mindset, investment, redirection, energy transition, report, finances, projects, capital