The Green World Transition
Description
The global energy transition is accelerating at historic speed. In 2024 alone, the world added 510 GW of renewable capacity, a 50% increase from 2023, driven predominantly by solar deployment. Clean energy investment reached $1.8 trillion, marking a structural shift away from fossil fuel dominance and toward low-carbon economic rebuilding.
This transition is becoming a defining economic transformation. Clean energy employment reached 35 million jobs globally, and renewable power is now the cheapest electricity source in most markets. Battery costs have fallen by 90% since 2010, enabling storage breakthroughs that make renewable-dominated grids increasingly viable.
Policy momentum is also intensifying. Carbon pricing mechanisms now cover 23% of global emissions, and over 90 countries have pledged net-zero targets. Yet current commitments still imply ~2.4°C of warming, highlighting the gap between ambition and implementation. The green world transition will define competitiveness, energy security, and industrial policy for decades ahead.
This transition is becoming a defining economic transformation. Clean energy employment reached 35 million jobs globally, and renewable power is now the cheapest electricity source in most markets. Battery costs have fallen by 90% since 2010, enabling storage breakthroughs that make renewable-dominated grids increasingly viable.
Policy momentum is also intensifying. Carbon pricing mechanisms now cover 23% of global emissions, and over 90 countries have pledged net-zero targets. Yet current commitments still imply ~2.4°C of warming, highlighting the gap between ambition and implementation. The green world transition will define competitiveness, energy security, and industrial policy for decades ahead.
Table of Contents
32 Pages
- 1. Executive Summary
- 2. The Renewable Surge: Solar and Wind Explosion
- 3. Cost Curves and the Economics of Transition
- 4. Battery Storage Breakthroughs
- 5. Grid Modernisation and System Flexibility
- 6. Clean Energy Investment Boom
- 7. Green Jobs and Industrial Shifts
- 8. Carbon Pricing and Net-Zero Commitments
- 9. Innovation: Hydrogen, Storage, Electrification
- 10. Pathways to a Clean Global Economy
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