Meeting the international climate and development objectives requires a massive re-allocation of capital towards low-carbon technologies, including renewables, as well as the mobilisation of all available capital sources. USD 131 trillion will need to flow into the energy system to 2050 that prioritises technology avenues compatible with 1.5 ॰C pathway.
Between now and 2050, over 80% of the USD 131 trillion must be invested in energy-transition technologies, not limited to traditional renewable generation, energy conservation and efficiencies, end-use electrification, power grids, sustainable bioenergy, hydrogen.
The Energy Transition Accelerator Financing (ETAF) Platform aims to mobilise approximately USD 1 billion capital resources to support the energy transition by 2030.
