Special Anniversary Issue
Capital Need: Access to finance can help India achieve its “RE+” goals
Energy transition is happening but not fast enough to limit the global average temperature rise to 1.5 °C. Power investment will need to rise to help the world achieve the Paris Agreement goals. Compared with the average annual investments projected in the International Energy Agency’s (IEA) Sustainable Development Scenario, the global power sector spending in 2019 was about 35 per cent short of the level required a decade from now. The year 2020 also witnessed lower investment due to the Covid-19 pandemic. […]