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...

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

Michael Holder
Author spotlight

Michael Holder

Environmental journalist and editor

View profile
More from Michael Holder

NAO: UK has 'done too little' to prepare for climate-driven food shortages

'Economic and environmental success story': EV sales surge to new high in August

More on Investment

'A welcome sign': UK announces £400m loan for Tropical Forests Forever Facility
Investment

'A welcome sign': UK announces £400m loan for Tropical Forests Forever Facility

Government promises to support high profile forest fund that aims to help protect more than a billion hectares of tropical rainforest

Stuart Stone
Stuart Stone
clock 03 September 2026 • 5 min read
Study: UK energy tech has raised over $16bn in equity funding
Investment

Study: UK energy tech has raised over $16bn in equity funding

Deal volume may have fallen for four consecutive years, but funding has continued to increase to $2.4bn in 2025, Tracxn Technologies confirms

Stuart Stone
Stuart Stone
clock 03 September 2026 • 2 min read
What investors need to understand about habitat banks
Investment

What investors need to understand about habitat banks

Habitat banks are often viewed as Biodiversity Net Gain units waiting to be sold - but their real investment value lies in the land, expertise and long-term stewardship behind them, writes Simon Towers from Green Earth Developments Group

Simon Towers, Green Earth Developments Group
clock 03 September 2026 • 6 min read