Global Clean Energy Investment to Reach $2 Trillion in 2024

International Energy Agency reports record spending on renewables, surpassing fossil fuel investments for the first time.

Investment in solar power alone is projected to hit $500 billion this year.
China leads the world in clean energy spending, with $675 billion invested.
Developing economies account for only 15% of global clean energy investment.
Fossil fuel investments remain high, with $570 billion projected for oil and gas.
IEA warns that current spending levels fall short of climate targets.