Worldwide, governments have allocated USD 1.34 trillion to clean energy since 2020; at the same time, short-term spending to counter record rises in energy bills has ballooned amid the crisis.
“The amount of money allocated by governments to support clean energy investment since 2020 has risen to USD 1.34 trillion, according to the latest update of the IEA’s Government Energy Spending Tracker. Around USD 130 billion of new spending was announced in the last six months – among the slowest periods for new allocations since the start of the Covid-19 pandemic.”
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Read the full article published on June 2, 2023 on the International Energy Agency website.
