Financing the Renewable Future: What do the Latest Trends Reveal About Progress, Gaps and Opportunities in Energy Transition Investment?

Global investment in the energy transition reached a record $2.4 trillion in 2024, more than double the 2019 levels, with one-third going to renewable technologies. Yet, the pace of growth is slowing and regional disparities persist. In this episode, Faran Rana, Renewable Energy Finance and Policy expert at IRENA, explores what is driving record investments in solar and batteries, the challenges behind slowing deployment in key sectors, and how emerging manufacturing hubs are reshaping global supply chains. The discussion highlights why tripling renewable capacity by 2030 requires not just more money, but the right kind of impact-driven investments.