2022 energy transition investment surges past $1 trillion

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Defying supply chain disruptions and macroeconomic headwinds, 2022 energy transition investment jumped 31% to draw level with fossil fuels: BloombergNEF

Global investment in the low-carbon energy transition totaled $1.1 trillion in 2022 – a new record and a huge acceleration from the year before – as the energy crisis and policy action drove faster deployment of clean energy technologies, according to a new report from research firm BloombergNEF (BNEF). In another first, investment in low-carbon technologies appears to have reached parity with capital deployed in support of fossil fuel supply. Energy Transition Investment Trends is BNEF’s annual accounting of how much funding businesses, financial institutions, governments and end-users are... ... More: Official Press Release BloombergNEF

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BloombergNEF, global, low carbon, investment, trillion, energy transition, decarbonisation, fossil fuels, record, energy crisis, development, clean