The World Economic Forum (WEF) has revealed that $13.5 trillion worth of investments are needed by 2050 to move to a more sustainable and carbon-neutral future, especially in the production, energy, and transport sectors.
According to the report, there is an urgent need to scale clean energy, clean hydrogen and sequester carbon emissions around industrial clusters. The required investments of $13.5 trillion represent the average costs of generating clean energy from solar, offshore and onshore wind, nuclear and geothermal, and clean hydrogen transportation, as well as storage costs.
Source (Al-Arabiya.net Website, Edited)
