BNEF: Europe needs $1.3tr of investment annually to reach net zero by 2050

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

Credit: iStock

Analyst claims annual investment in the energy transition across the UK, Norway, and EU must be more than double existing levels to put Europe on credible pathway to net zero

Around $1.3tr of annual investment is needed through to 2050 to deliver on Europe's net zero goals, according to a new analysis from Bloomberg New Energy Finance (Bloomberg NEF), which argues current levels...

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