Global clean energy investment surged to $1.8 trillion in 2024, surpassing fossil fuel investment for the first time in history.
Record Renewable Investment
Solar and wind attracted over $500 billion. China invested over $750 billion in clean energy in 2024.
Electric Vehicle Boom
The EV sector attracted $400+ billion. EV sales reached 17 million units globally, representing 20% of new car sales.
Hydrogen and Storage
Green hydrogen investment exceeded $50 billion. Grid-scale battery storage investment reached $40 billion.
Climate Tech Venture Capital
VC investment in climate tech startups reached $70 billion, funding carbon capture, alternative proteins, and sustainable materials.
Policy Drivers
The US Inflation Reduction Act provides $370 billion in clean energy incentives. The EU Green Deal mobilizes hundreds of billions more.