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clean energy transition

Global Energy Decarbonisation Spending Tops US$500 Billion In 2020

4 Mins Read The world spent more than US$500 billion on decarbonisation in 2020, according to new statistics. Released by BloombergNEF (BNEF), the report tracked global investment into the clean energy transition and found that decarbonisation spending jumped 9% year-on-year despite the economic fallout from the coronavirus pandemic.  A new report released by Bloomberg’s energy research arm BNEF […]

IEA: Coronavirus May Hamper Clean Energy Transition & Climate Action

3 Mins Read The coronavirus pandemic might lead to a decline in carbon emissions in the short-term, but may pose a threat to long-term climate action as it will also undermine clean energy investment. The warning, made by global energy watchdog the International Energy Agency (IEA), calls on governments to prevent this from happening by using green investments […]