Collaboration cuts costs

Low carbon energy technologies will need global investment of $5 trillion between 2015 and 2025 in order to bring down costs and accelerate deployment.  Taking a collaborative approach internationally can reduce the costs of this investment, saving over $550 billion.

01 December 2015

Carbon Trust analysis, based on the International Energy Agency’s Energy Technology Perspectives 2015 2 Degree Scenario, estimates that US$5 trillion will need to be invested into the deployment of low carbon energy technologies by 2025. This cost could be reduced by more than US$550 billion through collaborative innovation. 

This creates a huge economic opportunity for countries willing to work together strategically on developing new innovations and deploying existing low carbon technologies.