In order to triple renewable energies by 2030, as agreed at COP28, twelve trillion US dollars of investment will be required between 2024 and 2030. This is shown in a new study by Climate Analytics. Currently, investments of 6.6 trillion US dollars are foreseeable by 2030. There is an investment gap of a good five trillion. However, some six trillion US dollars will be invested in fossil fuels by 2030 – „shifting this investment to renewables and grids could fully close the investment gap,“ the researchers write.