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$10 Trillion Invested In Clear Tech Since Paris Agreements – CleanTechnica

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Usually it appears the world is certain and decided to burn each molecule of coal, oil, and methane that may be extracted from beneath the floor of the Earth and nothing will sluggish the assault of fossil fuels on the setting. Nevertheless, Bloomberg this week has a report that reveals that $10 trillion has been invested in clear tech endeavors because the Paris local weather agreements have been signed in a decade in the past.

Bloomberg contributors Laura Millan and Rachael Dottle wrote on November 4 that “the flow of investment into green technologies continues to advance and is beginning to trigger changes to less polluting processes in sectors from energy to road transportation and agriculture.”

In an interview, Christiana Figueres, the Costa Rican diplomat who was a principal architect of the Paris local weather accords mentioned, “No one can solve climate change, it is too late for that. But we can avoid the worst. Technology is working. It is increasing its market deployment and its efficiency exponentially.”

Annual vitality transition funding surpassed $2 trillion for the primary time in 2024, which was greater than double the speed in 2020 in accordance with analysis by BloombergNEF. Investments in clear tech between 2014 and final 12 months amounted to $10.3 trillion, the newest knowledge reveals. Spending on renewable vitality alone hit a file within the first half of this 12…

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Author : tech365

Publish date : 2025-11-07 22:06:00

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