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

Energy
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CNBC TV18•18-01-2026, 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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