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Global utilities set out upgraded investment plans at COP30 as grid spend grows Read more(170 Countries & The EU)
Our Mission
Supporting countries worldwide in their transition to a sustainable energy future
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Global Renewable Energy Investment Hit USD 807 Billion in 2024
Global investments in the energy transition reached a new record of USD 2.4 trillion in 2024 – a 20% increase from the average annual levels of 2022/23.
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Global utilities set out USD 1 trillion investment plans at COP30 as grid spend grows
Global utilities today unveiled upgraded annual investment plans that will see energy transition spend rise to US 148ドル billion per year, up from previously stated ambitions of US 117ドル billion. The plans revealed by members of the Utilities for Net Zero Alliance (UNEZA) today at COP30, will see a group of the world’s leading utilities mobilise more than USD 1 trillion in energy transition investments to 2030 since establishment at COP28.
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Why Investing in People is Vital for the Energy Transition
As the renewable energy sector races to create over 100 million jobs by 2030, there is an opportunity to ensure people worldwide, particularly youth, women, and underrepresented groups, have the skills and training needed to deliver the energy transition and benefit from its opportunities.
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Global Renewable Energy Investment Hit USD 807 Billion in 2024
Global investments in the energy transition reached a new record of USD 2.4 trillion in 2024 – a 20% increase from the average annual levels of 2022/23.
Key Data
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Global renewable generation capacity (GW)
GW
% since
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Global jobs (million)
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Power generation costs (2024 USD/kWh)
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