What's the global energy outlook for 2023?| Davos 2023 | World Economic Forum
The world is witnessing the biggest energy crisis ever recorded in history, especially after Russia’s invasion of Ukraine, according to Fatih Birol, executive director of the International Energy Agency.
Martin Wolf, from the Financial Times, agreed that "massively expanding the renewable energy is a climate and security priority." But he warned that in order to keep close to 1.5C and meet climate targets by 2030, would require "dramatic serious de-risking of investment across the world." The scale of investment, particularly in relation to developing countries is an urgent issue.
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