BloombergNEF: Clean tech investment hits $1.8tr in 2023, but remains 'off track' for global climate goals

Cecilia Keating
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Investment trends report reveals that - for the first time ever - electrified transport have secured more funding than renewable energy projects

Investment in clean energy technologies surged 17 per cent to reach a record $1.77tr last year, according to new data from BloombergNEF (BNEF). Figures published this morning by the influential analyst...

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 Technology

'Major opportunity hiding in plain sight': Study claims UK bioeconomy could be worth over £200bn a year

'Major opportunity hiding in plain sight': Study claims UK bioeconomy could be worth over £200bn a year

New report sets out series of recommendations to turn bio-based and biodegradable chemicals and materials into a multi-billion pound industry

clock 03 December 2025 • 5 min read
BP pulls out of 1.2GW Teesside blue hydrogen plant

BP pulls out of 1.2GW Teesside blue hydrogen plant

BP has officially withdrawn plans to develop the H2 Teesside hydrogen and carbon capture project, as government pushes forward with AI-focused redevelopment plans

clock 02 December 2025 • 3 min read
UK Space Agency celebrates launch into orbit of first 'Scout' climate mission

UK Space Agency celebrates launch into orbit of first 'Scout' climate mission

UK and European Space Agencies launch new satellites for monitoring the planet's water cycle

Stuart Stone
clock 01 December 2025 • 3 min read