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Cabinet Estimates $3.4T Energy Investment by 2026
The Information and Decision Support Center at the Council of Ministers predicts that global energy sector investments will reach $3.4 trillion in 2026, representing a 5% increase over 2025. Approximately $2.2 trillion will be allocated to investments in renewable energy, nuclear power, electricity grids, and energy storage, while around $1.2 trillion will be dedicated to oil, gas, and coal. The clean energy technologies market has also experienced rapid growth, particularly in electric vehicles, which increased in value to about $1.2 trillion in 2025, surpassing the coal market and nearing the natural gas market. Despite this progress, carbon dioxide emissions continued to grow by 0.4% in 2025, with renewable and nuclear energy contributing to an approximate 8% reduction in global emissions annually.
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