Increasing World’s Share of Renewable Energy Would Boost Global GDP up to $1.3 Trillion
Achieving a 36 per cent share of renewable energy in the global energy mix by 2030 would increase global gross domestic product (GDP) by up to 1.1 per cent, roughly USD 1.3 trillion, according to new analysis by the International Renewable Energy Agency (IRENA).
Renewable Energy Benefits: Measuring the Economics, released today at IRENA’s sixth Assembly, provides the first global estimate of the macroeconomic impacts of renewable energy deployment. Specifically, it outlines the benefits that would be achieved under the scenario of doubling the global share of renewable energy by 2030 from 2010 levels. ….