WEF: Quadruple Clean Fuel Investment to Meet Climate Goals by 2030
Energy
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CNBC TV1818-01-2026, 22:21

WEF: Quadruple Clean Fuel Investment to Meet Climate Goals by 2030

  • The World Economic Forum (WEF) states that global clean fuel investment must quadruple to nearly $100 billion annually by 2030 to achieve climate goals.
  • Roberto Bocca, Head of Energy and Materials at WEF, emphasized the need for accelerated investment to address the "energy trilemma" of security, affordability, and sustainability.
  • The upcoming Davos 2026 meeting will focus on energy security, affordability, and decarbonization amidst geopolitical tensions and climate commitment challenges.
  • Energy security now encompasses renewables, critical materials, grids, and cybersecurity, moving beyond traditional fossil fuel supply concerns.
  • Davos 2026 expects record government participation, including 65 heads of state and 850 CEOs, with India positioned to become a clean fuel supplier.

Why It Matters: WEF urges a fourfold increase in clean fuel investment to $100 billion annually by 2030 for climate and energy security.

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