Global momentum on climate action falters amid war, inflation
- Clean energy growth worldwide offers hope of limiting warming to 1.5C.
- But progress is uneven, with solar and EVs advancing faster than grid upgrades.
- High energy prices and economic turmoil have weakened climate commitments in Europe.
- Fossil fuel demand must fall 25% by 2030, requiring $4.5 trillion in clean energy investment annually.
- International cooperation crucial, but threatened by geopolitical divides.