In accordance with the Paris Agreement, 197 member states of the United Nations set out Nationally Determined Contributions (NDCs) in a bid to meet global sustainability goals. The goal, in summary is to create a more sustainable, decarbonized world in which one nation, or person is left behind. A big part of achieving these goals, is the bid to become carbon net zero by 2050. The current Planned Energy Scenario set out by governments is a total of 90 trillion U.S. dollars to be invested between 2016 and 2050, with almost half going towards fossil fuels and other forms of energy.
Value of investment under the Planned Energy Scenario (PES) in accordance with the Paris Agreement between 2016 and 2050
(in trillion USD)
The source added the following information "The Planned Energy Scenario (PES) considers governments' current and planned energy plans, policies and targets, including the Nationally Determined Contributions under the Paris Agreement, unless the country developed more recent climate or energy-related plans."
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IRENA. (April 1, 2020). Value of investment under the Planned Energy Scenario (PES) in accordance with the Paris Agreement between 2016 and 2050 (in trillion USD) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1173510/planned-energy-scenario-cumulative-investment-priorities-worldwide/
IRENA. "Value of investment under the Planned Energy Scenario (PES) in accordance with the Paris Agreement between 2016 and 2050 (in trillion USD)." Chart. April 1, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1173510/planned-energy-scenario-cumulative-investment-priorities-worldwide/
IRENA. (2020). Value of investment under the Planned Energy Scenario (PES) in accordance with the Paris Agreement between 2016 and 2050 (in trillion USD). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1173510/planned-energy-scenario-cumulative-investment-priorities-worldwide/
IRENA. "Value of Investment under The Planned Energy Scenario (Pes) in Accordance with The Paris Agreement between 2016 and 2050 (in Trillion Usd)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1173510/planned-energy-scenario-cumulative-investment-priorities-worldwide/
IRENA, Value of investment under the Planned Energy Scenario (PES) in accordance with the Paris Agreement between 2016 and 2050 (in trillion USD) Statista, https://www.statista.com/statistics/1173510/planned-energy-scenario-cumulative-investment-priorities-worldwide/ (last visited July 22, 2024)
Value of investment under the Planned Energy Scenario (PES) in accordance with the Paris Agreement between 2016 and 2050 (in trillion USD) [Graph], IRENA, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1173510/planned-energy-scenario-cumulative-investment-priorities-worldwide/
