How clean energy could conquer

As rampant inflation and fears of recession roiled the global economy over the past year, one sector appears to have emerged in relatively good shape: renewable energy.

Despite capital outflows elsewhere, investors are projected to funnel nearly $500 billion into wind and solar projects this year, up 35% from last year, according to data from Rystad Energy, an independent research company. That would top the $447 billion in investments seen for oil and gas this year.Global wind and solar investments are poised to surpass those in oil and gas this year

Still, much of the progress in clean energy is happening in advanced economies and not in poorer nations hit hardest by climate change.

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