Line chart showing investment in renewable energy transition versus investment in fossil fuels
<ul><li>Data source for Version 1: <cite style="font-style:normal"> (<span class="mw-formatted-date" title="2023-02-10">10 February 2023</span>). "<a rel="nofollow" class="external text" href="https://about.bnef.com/blog/energy-transition-investment-now-on-par-with-fossil-fuel/">Energy Transition Investment Now On Par with Fossil Fuel</a>". <i>Bloomberg NEF (New Energy Finance)</i>.</cite></li></ul><dl><dd><dl><dd>Archive thereof: <a rel="nofollow" class="external free" href="https://web.archive.org/web/20230327065546/https://about.bnef.com/blog/energy-transition-investment-now-on-par-with-fossil-fuel/">https://web.archive.org/web/20230327065546/https://about.bnef.com/blog/energy-transition-investment-now-on-par-with-fossil-fuel/</a></dd></dl></dd></dl><ul><li>Source explains: "2018-21 FF values were derived from the IEA World Energy Investment 2022 report. 2022 fossil fuel investments are BNEF estimates. Fossil fuels includes supply and unabated power.)"</li>
<li>Source states: "Last year (2022), for the first time, global energy transition investment equaled fossil fuels investment. This came despite a spending uptick for the latter as many regions focused on boosting energy security amid the energy crisis, sparking unprecedented market volatilities."</li>
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