# Renewable Energy Investment: A Guide to Sustainable Investing

- Link: https://greenlivingguy.com/2014/07/renewable-energy-investment-a-guide-to-sustainable-investing/
- Published: 2014-07-24T17:18:38-04:00
- Author: greenguruguides

## Transitioning to a Sustainable Energy Future: Key Insights from IRENA

#### Renewable Energy Investment

Abu Dhabi, UAE, 27 June 2014: Transitioning to a sustainable energy future will 
require substantial investment. That’s averaging in $550 billion annually in renewable
energy until 2030. This announcement was made by the International Renewable Energy
Agency (IRENA) at the Renewable Energy Finance Forum (REFF Wall Street) in New York
this week. Such investment is essential when coupled with a stronger focus on energy
efficiency. For they then aim to increase renewable energy’s share to 36% or more
of the global energy mix. That’s all by 2030. This shift is also crucial for aligning
CO₂ emissions with a 450ppm path. Thereby maintaining global temperature increases
within acceptable limits. This is also according to IRENA’s new report, REmap 2030.

Adnan Z. Amin, Director-General of IRENA, emphasized at the meeting some points.
For starters, we need to double the level of investment that we are seeing today.
Especially to significantly scale-up renewable energy. Moreover, we also must reduce
carbon emissions; especially to an acceptable level.  This level of investment needs
to go alongside energy efficiency measures. For it is essential to mitigating the
catastrophic [impacts of climate change](https://greenlivingguy.com/2019/07/climate-change-maps/).

### Renewable Energy Annual Investment Plan

The annual investment plan includes funding for heating and cooling. That’s in stationary
applications across industrial, residential, and also commercial sectors. Notably,
the majority of funds should be directed towards wind power, hydropower, and also(
of course) solar power. Although the investment needs are substantial, the benefits
of this renewable energy transition partially outweigh them. For instance, global
health-related costs could decrease by $80-200 billion annually. That’s also with
the global economy experiencing a net gain of 900,000 jobs by 2030.

Now in its 11th edition, REFF Wall Street stands as the leading renewable energy
financing forum in the United States. It’s specifically targeting investors.

### Transitioning to a Renewable Energy Future: Key Investment Insights from IRENA

Transitioning to a sustainable energy future will require substantial investment,
averaging $550 billion annually in renewable energy until 2030. This announcement
was made by the International Renewable Energy Agency (IRENA) at the Renewable Energy
[Finance Forum](https://greenlivingguy.com/2014/04/unveiling-the-unexpected-at-the-finance-forum-the-wheel-deal/)(
REFF Wall Street) in New York this week. Such investment, when coupled with a stronger
focus on energy efficiency, aims to increase renewable energy’s share to 36% or 
more of the global energy mix by 2030. This shift is also crucial for aligning CO
₂ emissions with a 450ppm path, thereby maintaining global temperature increases
within acceptable limits. That’s according to IRENA’s new report, REmap 2030.

Adnan Z. Amin, Director-General of IRENA, emphasized at the meeting, “We need to
double the level of investment that we are seeing today to significantly scale-up
renewable energy and reduce carbon emissions to an acceptable level.” This level
of investment, alongside energy efficiency measures, is essential to mitigating 
the catastrophic impacts of climate change.

### Key Data Points

 1. Investment Breakdown: The annual investment plan includes funding for heating and
    cooling in stationary applications across industrial, residential, and commercial
    sectors.
 2. Sector Focus: Notably, the majority of funds should be directed towards wind power,
    hydropower, and solar power.
 3. Health and Economic Benefits: Although the investment needs are substantial, the
    benefits of this renewable energy transition partially outweigh them. For instance,
    global health-related costs could decrease by $80-200 billion annually.
 4. Job Creation: The global economy could experience a net gain of 900,000 jobs by
    2030.
 5. Renewable Energy Share: Increasing renewable energy’s share to at least 36% of 
    the global energy mix is vital for achieving climate goals.

### Wrapping Up

Now in its 11th edition, REFF Wall Street stands as the leading renewable energy
financing forum in the United States, specifically targeting investors.

For a full copy of the REmap 2030 report, fact sheets, and other materials, visit
[http://www.irena.org/remap](http://www.irena.org/remap).

Mr. Adnan Z. Amin, Director-General of IRENA, delivered a keynote speech at REFF
Wall Street, highlighting the urgent need for increased investment and collaboration
in the renewable energy sector.

[⌊IRENA. renewable energy investment ⌉⌊IRENA. renewable energy investment ⌉[Mr Adnan Z.
Amin, Director-General, IRENA, delivers keynote speech at REFF Wall Street

Abu Dhabi, UAE, 27 June 2014:

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 greenguruguides

 The Green Living Guy, Seth Leitman, is recognized as a green living guru and electric
car expert. The Green Living Guy writes about green living, green lighting, the 
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