Americas > Global efforts to limit warming to 1.5C require unprecedented investment -WoodMac

Global efforts to limit warming to 1.5C require unprecedented investment -WoodMac

Published 00:45 on September 15, 2023  /  Last updated at 00:45 on September 15, 2023  /  Americas, EMEA, International, US, Voluntary

In the base case scenario outlined by Wood Mackenzie’s new ‘Energy Transition Outlook’, an annual investment of $1.9 trillion is required to decarbonise the world's energy sector – a figure that escalates to US$2.7 trillion should the objective pivot to aligning with the Paris Agreement’s 1.5C global warming limit.
In the base case scenario outlined by Wood Mackenzie’s new ‘Energy Transition Outlook’, an annual investment of $1.9 trillion is required to decarbonise the world's energy sector – a figure that escalates to US$2.7 trillion should the objective pivot to aligning with the Paris Agreement’s 1.5C global warming limit.


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