IEA: Why a 'moderate upswing' in clean energy investment in 2021 is still not enough for net zero

Cecilia Keating
clock • 6 min read

Global green energy spending expected to rebound in 2021 towards pre-pandemic levels, but far more capital needed to ramp up renewables in line with climate goals

Global energy investment is set to rebound in 2021 after last year's pandemic-induced drop, but current levels of financing fall far short of levels required to stabilise global temperature rise at safe...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Iran War: Brits back renewables rollout over extracting gas to weather energy crisis

Iran War: Brits back renewables rollout over extracting gas to weather energy crisis

As attacks on fossil fuel infrastructure continue to drive up il and gas spikes, a snap poll finds voters favour generating more energy through renewables over trying to ramp up domestic gas production

Stuart Stone
clock 20 March 2026 • 3 min read
Europe's booming clean tech market tipped for rapid growth on back of energy crisis

Europe's booming clean tech market tipped for rapid growth on back of energy crisis

BloombergNEF confirms investment in Europe’s clean energy transition jumped 19 per cent last year to record levels, with further gains expected if the Iran conflict persists

James Murray
clock 19 March 2026 • 4 min read
Middle East conflict sparks surge in solar enquiries from British households

Middle East conflict sparks surge in solar enquiries from British households

Data from Octopus Energy shows a spike in solar panel enquires, as households seek to shield themselves against latest energy price shock

clock 17 March 2026 • 3 min read