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Infographic: Collaboration cuts costs

1 December 2015 | News

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.

Collaboration cuts costs

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.

The infographic below shows investment and benefits from selected low carbon energy technologies.

 

Download the infographic: Collaboration cuts costs (PDF)

Read the report: United Innovations: cost-competitive clean energy through global collaboration

© 2017 Carbon Trust
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