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Today we publish our latest @ETC_Energy report on how to #FinanceTheTransition.
You can download the report here: bit.ly/4262zoy
Here's a 🧵 on a few of my highlights from the analysis carried out – and challenges we face.
1/18
You can download the report here: bit.ly/4262zoy
Here's a 🧵 on a few of my highlights from the analysis carried out – and challenges we face.
1/18
It’s crucial to distinguish between two different flows of finance:
- Investment, which generates economic returns. We need $3.5trn/yr on avg to 2050.
- Payments for activities that won’t occur fast enough w/out funding (e.g. early coal phaseout). Here we require $300bn/yr
2/18
- Investment, which generates economic returns. We need $3.5trn/yr on avg to 2050.
- Payments for activities that won’t occur fast enough w/out funding (e.g. early coal phaseout). Here we require $300bn/yr
2/18
To put this in perspective, low-carbon investment globally is currently around $1 trillion/year – this must triple by 2030 in order to reach the required $3.5 trillion/year.
3/18
3/18
