'Slowing momentum': McKinsey warns global clean energy goals at risk

Michael Holder
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Number of clean power projects reaching final investment decision stage has fallen 'at precisely the time it needs to speed up if targets are to be met', report warns

The global economy may be in the midst of a clean tech boom that has seen records toppled, but it remains off track to meet renewable energy goals for 2030. That is according to a study released this...

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

Amazon inks 50th UK clean energy deal with latest wind farm PPA

Amazon inks 50th UK clean energy deal with latest wind farm PPA

New deal takes Amazon's total investment in carbon free energy in Europe to €17bn over five years

clock 25 June 2026 • 3 min read
Study: Combining solar and air con promises to deliver free cooling

Study: Combining solar and air con promises to deliver free cooling

Ember study explores how heatwave impacts could be eased by deploying solar panels and air conditioning units in tandem

clock 24 June 2026 • 2 min read
Climate Group launches 24/7 Carbon Free Coalition

Climate Group launches 24/7 Carbon Free Coalition

Global businesses join new coalition to demonstrate how 24/7 carbon free electricity could define next era of corporate clean energy procurement

clock 23 June 2026 • 3 min read