The International Energy Agency (IEA) has recently released a report predicting that investment in clean energy sources will surpass investment in fossil fuels by 2024. This marks a significant shift in the global energy landscape, as countries around the world are increasingly turning to renewable sources of energy to combat climate change and reduce their carbon footprint.
According to the IEA’s report, investment in clean energy technologies such as solar, wind, and hydropower is expected to double over the next five years, reaching a total of $2.6 trillion by 2024. This surge in investment is being driven by a combination of factors, including falling costs of renewable technologies, government policies supporting clean energy development, and growing public awareness of the need to transition away from fossil fuels.
In contrast, investment in fossil fuel projects is expected to decline over the same period, as the industry faces increasing pressure from regulators, investors, and consumers to reduce greenhouse gas emissions and transition to more sustainable energy sources. The IEA predicts that investment in oil and gas projects will continue to decline as demand for these fuels wanes and renewable energy becomes more competitive.
This shift towards clean energy investment is a positive development for the environment, as renewable energy sources produce significantly fewer greenhouse gas emissions than fossil fuels. By investing in clean energy technologies, countries can reduce their carbon footprint, improve air quality, and create new jobs in the rapidly growing renewable energy sector.
However, the IEA also warns that more needs to be done to accelerate the transition to clean energy and meet global climate goals. Governments, businesses, and individuals must work together to increase investment in renewable energy, improve energy efficiency, and reduce reliance on fossil fuels. By taking action now, we can create a more sustainable and secure energy future for generations to come.
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- Source: https://zephyrnet.com/iea-o-investimento-em-energia-limpa-em-2024-devera-ser-o-dobro-do-montante-destinado-aos-combustiveis-fosseis/