How Spending on Renewable Energy Helps in Climate Change?
Two-thirds of the world’s greenhouse gas emissions come from the production and consumption of energy. Renewable energy investments assist in lowering CO2 emissions associated with greenhouse impacts on the earth’s environment.
We can lower greenhouse gas emissions and lessen the effects of climate change by substituting renewable energy sources like wind, solar, geothermal, hydrogen, etc., for fossil fuel energy sources like coal and oil.
To keep global temperature increases below two °C by 2050, the International Renewable Energy Agency (IRENA) estimates that 65% of the world’s energy supply should come from renewable sources (Paris Agreement).
Over the next three decades, investments in renewable energy must total more than 2 trillion USD annually. Historically, 90% of all investments in renewable energy have been financed by private capital.
Centro LAW creates family offices for wealthy individuals, business owners, and their families. While sustainable investments are a growing concern for family offices, investment performance is also crucial. To know more about how both renewable energy characteristics can be combined, read the detailed blog following the link below.
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