Here’s why 2023 could become a turning point for the energy transition

Sep 14, 2023

2023 could become a turning point for the energy transition, according to a new report from Generation Investment Management. Image: Unsplash/fresonneveld

Andrea Willige

Senior Writer, Forum Agenda

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Chart showing the change in global temperatures relative to the 1961 to 1990 average.

2023 could become a turning point for tackling the climate crisis as the energy transition moves centre stage. Image: Our World in Data

Discover

How is the World Economic Forum driving the energy transition?

Chart showing the sources of global electricity production.

Clean energy is on an upward trajectory while coal is set to taper off. Image: Ember

Chart showing the electricity-related emissions in wealthy countries.

Developing and developed countries are substantially diverging in their CO2 emissions. Image: Ember

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Figure showing the historical emissions shown through 2022. energy transition

Buildings are one of the highest CO2 emitters. Image: IEA/Generation

Graphs showing the emissions per year in different sectors.

Hard-to-abate industries struggle to wean themselves off fossil fuels. Image: WRI

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What is the World Economic Forum doing to help companies reduce carbon emissions?

Figure illustrating the transport emissions, by sector,

Road transport accounts for nearly three-quarters of sector emissions. Image: IEA

Figure illustrating the greenhouse implications of dietary choices.

What we eat affects our planet’s future – especially meat consumption. Image: Our World in Data

Chart showing the historical trends in clean energy investment.

Clean-tech investment needs to reach around $5 trillion a year by 2030. Image: IEA

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