Global Consensus on Energy Transition Is High, Making t Equitable is the Challenge

August 5, 2024 08:05:00

The latest Peoples’ Climate Vote by the United Nations has revealed that most countries support transitioning to clean energy as quickly as possible. Titled “Accelerating an Equitable Transition: A Data-Driven Approach,” the report found that a whopping 85% of countries are interested in a fast transition to renewables, indicating that the green-energy transition is a major priority for a majority of the world.

Unfortunately, making this transition equitable will most likely be a massive challenge. Developing and emerging countries received less than 15% of the $1.8 trillion that was invested into developing green-energy infrastructure last year, putting them at a significant disadvantage compared to the developed…

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