Energy Transition

Eye to eye: Low-carbon investment surged past $1 trillion in 2022 to match fossil fuels

Record spending on renewable and low-emission energy still falls far short of that needed to meet net zero target, new report says

Staggering pace: Global investment in renewable power including wind and solar increased 17% in 2022.
Staggering pace: Global investment in renewable power including wind and solar increased 17% in 2022.Photo: REUTERS/SCANPIX
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Published 27 January 2023, 15:35Updated 27 January 2023, 15:48