Clean energy investment must accelerate
Paris-compliant transition needs massive redirection of capital – DNV
Financiers face multiple challenges as they tackle high-risk, low-return clean energy projects, report says
The goals of the Paris Agreement are achievable but will require flows of capital to be significantly redirected, according to a new report by risk management company DNV. Analysis by the IEA shows that spending on clean energy needs to increase to at least $1tn/yr if the energy transition is to be achieved. An acceleration of the current pace of transition is critical because the world is on track to exhaust its carbon budget—the maximum amount of CO₂ it can emit in order to stand a 67pc chance of meeting the Paris Agreement goals—by as early as 2029, according to the DNV report. “A Paris Agreement-compliant transition is achievable, but it won't happen by itself or by accident. A massive r
Also in this section
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
