Filling This ‘Forgotten Element’ of the Energy Transition Is Critical to Net Zero
An “alarming shortage” of clean energy and low carbon infrastructure projects in developing countries and emerging markets poses a major threat to meeting the global climate goals contained in the Paris Agreement, fresh research has warned.
Delivering on global climate finance goals requires a 30 percent increase in the number of low carbon projects that can attract private investment in developing nations by the end of the decade, yet the study warns the number of such projects is actually shrinking, with an average 10 percent reduction annually since 2015.
Photo courtesy of Usukhbayar Gankhuyag.
Source: GreenBiz (link opens in a new window)
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