India, Jan. 15 -- Global investment in clean fuels stands at about $25 billion a year, far below what is needed to meet climate targets

The World Economic Forum says spending must exceed $100 billion annually by 2030 to bridge the gap

Clean fuels are seen as critical for cutting emissions in hard-to-abate sectors such as shipping, aviation and heavy industry

Global investment in clean fuels will need to rise more than fourfold - from about $25 billion (£20 billion) a year today to over $100 billion annually by 2030 - if countries are to meet their climate and energy transition goals, according to a new report by the World Economic Forum (WEF).

The report, Fuelling the Future: How Business, Finance and Policy can Accelerate the Cl...