The renewable energy sector had the second-highest investment value overall among all energy transition-relevant sectors worldwide in 2023, at 623 billion U.S. dollars. Global expenditure on electrified transportation was the highest, with investments amounting to 632 billion U.S. dollars in 2023.
The total annual global investment in energy transition technologies exceeded 1.7 trillion U.S. dollars in 2023.
Investments in the energy transition worldwide in 2023, by technology
(in billion U.S. dollars)
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BloombergNEF. (January 25, 2024). Investments in the energy transition worldwide in 2023, by technology (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1202272/global-investment-in-energy-transition-by-type/
BloombergNEF. "Investments in the energy transition worldwide in 2023, by technology (in billion U.S. dollars)." Chart. January 25, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1202272/global-investment-in-energy-transition-by-type/
BloombergNEF. (2024). Investments in the energy transition worldwide in 2023, by technology (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1202272/global-investment-in-energy-transition-by-type/
BloombergNEF. "Investments in The Energy Transition Worldwide in 2023, by Technology (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Jan 2024, https://www.statista.com/statistics/1202272/global-investment-in-energy-transition-by-type/
BloombergNEF, Investments in the energy transition worldwide in 2023, by technology (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1202272/global-investment-in-energy-transition-by-type/ (last visited November 21, 2024)
Investments in the energy transition worldwide in 2023, by technology (in billion U.S. dollars) [Graph], BloombergNEF, January 25, 2024. [Online]. Available: https://www.statista.com/statistics/1202272/global-investment-in-energy-transition-by-type/