Climate target needs new money … but not that much more
4 Jul 2014

Climate change will require substantial new investment in low-carbon energy and energy efficiency – but no more than what is currently spent on today’s fossil-dominated energy system, according to new research.
To limit climate change to 2° Celsius, low-carbon energy options will need additional investments of about US$800 billion a year globally from now to mid-century, according to the study by the International Institute for Applied Systems Analysis published in the journal Climate Change Economics.
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