Silicon and lithium prices, venture capital’s appetite for funding climate tech and other factors will set the pace of the clean energy transition
The start of the year is a boon for the data-minded in the climate and energy world: We get the full wrap on the prior year’s investment flows and indicators, and a raft of outlooks on the year ahead. Earlier this week, Bloomberg Green’s Eric Roston neatly summarised the climate numbers to watch in 2023 . I have my own things to watch for, indicators that will reveal what 2023 means for the scale and speed of the energy transition. 1.
Last year’s flow of money into climate tech was substantial — more than 35 times as much as a decade earlier. Now deployed into early-stage companies, it will spur a wave of new products and business models. I will be watching to see how much more money could be raised this year, from which investors and for what purposes.For most of 2022, two key inputs to decarbonising the global energy system were rising in cost.
3. How quickly, and smoothly, will the Inflation Reduction Act and EU carbon border levy move from planning to implementation?
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CAREER TIPS: How to get job ready for 2023!Vic Naidoo dishes on some valuable tips on getting job ready for the new year. Sometimes it is about taking time to plan out your actions...
Read more »
Dollar makes strong start to 2023 after months-long slump | BusinessThe dollar posted gains against nearly all its major peers as trading kicked off in 2023 after a seasonal holiday lull. | News24_Business
Read more »
Nigeria: Buhari Signs Nigeria's 2023 Budget Into Law"I have also noted that the National Assembly introduced new projects into the 2023 budget proposal for which it has appropriated N770.72 billion. The National Assembly also increased the provisions made by Ministries, Departments and Agencies (MDAs) by N58.55 billion."
Read more »
Africa: One-Third of Global Economy May Slip Into Recession in 2023 - IMFThe New Year is going to be "tougher than the year we leave behind," an official said
Read more »