How Global Energy Transformed in 2019

The global energy system is undergoing rapid transformation. With the 2030 Sustainable Development Goals and the Paris Climate Agreement serving as inspiration, countries, cities and corporations all over the world continue to take meaningful action on renewable energy development. While a pressing need to increase momentum exists, 2019 has been a year of bold ambition and remarkable achievements. Here are 20 reminders, from media outlets around the world, of how the energy transformation has advanced over the last 12 months.

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  • Carbon taxes and phasing-out of fossil fuels are needed to reap the energy transitions full benefits
  • The global energy transformation could boost the global economy 2.5% in 2050
  • Electricity will be the world's central energy carrier in 2050
  • A climate-friendly future is cheaper because of falling renewable energy costs
  • The energy transformation needs a USD 110 trillion investment by 2050
  • Subsidies in the energy sector can be reduced by USD 110 trillion by 2050
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