The energy crisis and policy actions sent global investment in low-energy sources soaring to a record $1.1 trillion in 2022, with the money spent on the energy transition equaling for the first time investment in supply of fossil fuels, a new report from research firm BloombergNEF (BNEF) showed on Thursday.
Despite supply chain bottlenecks and rising inflation and interest rates and macroeconomic headwinds, investments in the energy transition globally jumped by 31% last year, BloombergNEF said. The research firm has estimated…Clean Energy Investment Hit $1.1 Trillion In 2022
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