In 2024, USD 2.1 trillion was invested worldwide in the energy and transport transition and the decarbonization of industry. This is a new record, but investment would need to be around 2.5 times higher (5.6 trillion) to achieve the climate targets, according to a new report by research company BloombergNEF. In addition, investments only grew by eleven percent – a lower growth rate than in previous years (24 to 29 percent annually).