Global clean-energy investments match fossil fuel for the first time

New study from BNEF shows that 2022’s global investments in greener energy forms reached parity for the first time with money underwriting fossil fuels – at roughly USD 1.1trn.
Michael Probst/AP/Ritzau Scanpix
Michael Probst/AP/Ritzau Scanpix
BY DAVID R. BAKER, BLOOMBERG

For the first time, the world invested as much money into replacing fossil fuels as it spent on producing oil, gas and coal, according to an analysis from BloombergNEF.

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