JAKARTA, Sept 18 (Reuters): South-East Asian nations need to more than double their annual investment on renewables to accelerate energy transition and to meet climate goals, a report released this week by the International Renewable Energy Agency (IRENA) showed.
IRENA said, in the long term, average annual investment of US$210 billion was needed on renewable energy, energy efficiency and to support technologies and infrastructure in the period to 2050 to limit a global temperature rise to 1.5 degrees Celsius.
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