June 26

Developing Countries Need €2 Trillion for Clean Energies to Meet Climate Goals

In a report released this Wednesday, the IEA said that in order to meet COP21 climate  goals, annual investment for clean energies in developing countries will need to jump from €700 billion to nearly €2 trillion.

Speaking to journalists on Tuesday, IEA executive director Fatih Birol stressed that  “Financing clean energy in the emerging and developing world is the fault line of reaching international climate goals.”

Photo courtesy of andreas160578.

Source: RFI (link opens in a new window)

Energy, Investing, Technology
climate change, renewable energy, research