$10 Trillion Invested In Clean Tech Since Paris Agreements - CleanTechnica

Since the Paris climate agreements, global investment in clean technologies has reached $10.3 trillion, with annual energy transition investments surpassing $2 trillion in 2024—more than double the amount in 2020, according to BloombergNEF. This surge in funding has driven significant advances in renewable energy, particularly solar and wind, which are beginning to meet accelerating electricity demand. Analysis suggests that emissions from the energy sector, the largest contributor to global warming, may have peaked last year and could already be in decline. Road transport emissions are also projected to peak by 2029, aided by the expected rise of electrified vehicle sales to 25% worldwide. China, responsible for nearly a third of global emissions, may see a reduction in emissions growth this year, signaling a potential turning point. Despite these positive trends, the latest UNEP report indicates that current national commitments and policies still project global warming of 2.3-2.5°C this century, an improvement from previous estimates but