Global Energy Compacts: $1.6tr pledged to boost renewables, access to electricity, and clean cooking tech by 2030

Stuart Stone
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Annual report finds $284bn already mobilised in support of global clean energy goals, but trillions more needed to deliver universal energy access and meet climate targets

Pledges made during the last year to boost renewable energy capacity and increase access to electricity and clean cooking technologies in developing economies have brought the total investment committed...

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 Investment

Reports: Pensana scraps plan for UK clean tech minerals refinery in favour of US

Reports: Pensana scraps plan for UK clean tech minerals refinery in favour of US

London-listed firm had planned to develop £250m rare earth refinery in Saltend near Hull, but is now reportedly switching its focus to the US after an offer of support from the White House

Michael Holder
clock 17 October 2025 • 3 min read
UNEP: Annual global investment in forests needs to triple to $300bn by 2030

UNEP: Annual global investment in forests needs to triple to $300bn by 2030

Tropical forests provide huge range of vital services on which humanity depends, yet conservation funding shortfalls are set to reach over $200bn a year by the end of the decade

Michael Holder
clock 15 October 2025 • 4 min read
Lidl GB to plough £30bn into British food and farming over next five years

Lidl GB to plough £30bn into British food and farming over next five years

Discounter doubles food and farming funding pledge in bid to enhance climate resilience and promote more sustainable farming practices

Stuart Stone
clock 15 October 2025 • 2 min read