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Climate: 1.5 C Goal Still 'open,' but More Spending Needed

IEA says route to net zero requires more cash and less politics

Record growth in clean energy technology, including solar panels and electric vehicles, means it is still possible to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), the International Energy Agency (IEA) said on Tuesday. But it also said the world would need need to invest nearly $4.5 trillion per year in the transition to cleaner energy from the start of the next decade, up from spending of $1.8 trillion expected in 2023.

Climate: 1.5 C goal still 'open,' but more spending needed

Climate: 1.5 C goal still 'open,' but more spending needed
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Climate: 1.5 C goal still 'open,' but more spending needed – DW – 09/26/2023

Limiting global warming to 1.5 degrees Celsius is still possible thanks to a surge in clean energy, the International Energy Agency said, but almost all countries have to accelerate their efforts.

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