Transcribed

World annual additional investment and CO2 savings in the 450 Scenario relative to the New Policies Scenario

Figure 1.19 D World annual additional investment and Co, savings in the 450 Scenario relative to the New Policies Scenario 1.6 Additional imvestment: 1.2 I Non-OECD I OECD 0.8 0.4 CO. Savings: (right axis) 8 OECD -4 N Non-OECD -8 -12 -16 G 2015 2020 2025 2030 2035 Trillion dollars (2011)

World annual additional investment and CO2 savings in the 450 Scenario relative to the New Policies Scenario

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---- Investment --- A 2 °C world _ as in the 450 Scenario _ requires increased investment in the power sector and in end-use sectors, but reduced investment in fossil-fuel supply. In the 450 Scenar... io, total investment in fossil-fuel supply is $4.9 trillion lower than in the New Policies Scenario through to 2035, and investment in power transmission and distribution networks is around $1.2 trillion lower. However, this saving is more than offset by a $16.0 trillion increase in investment in low-carbon technologies, efficiency measures and other forms of intervention. Part of the incremental investment is offset by savings in consumers' expenditure on energy. Additional investment across OECD countries reaches around $590 billion per year in 2035 and in non-OECD countries around $760 billion (Figure 1.19).