Investment in clean energy technologies is on course to hit a record $2.2 trillion this year, according to the International Energy Agency. That’s more than twice the amount invested in fossil fuels.
But 2025 also brought lots of geopolitical, economic, and political uncertainty to clean technology investing. Waning enthusiasm for climate action in some governments and intensifying trade wars have created more risk for many investors.
So how much are these policy shifts impacting climate investment strategies? How have investors in the United States reacted to the roll-back of some key incentives in the Inflation Reduction Act? What technologies are most promising? And where is the climate investing landscape headed in the next decade?
This week, Jason Bordoff talks to Emmanuel Lagarrigue about the state of renewables and clean tech investing.
Emmanuel is a partner and the global co-head of KKR’s climate transition strategy. Before that, he was a founding partner of BeyondNetZero, a General Atlantic fund focusing on decarbonization technologies. Emmanuel spent the first two decades of his career at Schneider Electric, where he held a number of leadership roles. He is also an advisory board member here at the Center on Global Energy Policy.
Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Mary Catherine O’Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc.