Translations:Sustainable energy/94/en
The United Nations Framework Convention on Climate Change estimates that climate financing totalled $681 billion in 2016. Most of this is private-sector investment in renewable energy deployment, public-sector investment in sustainable transport, and private-sector investment in energy efficiency. The Paris Agreement includes a pledge of an extra $100 billion per year from developed countries to poor countries, to do climate change mitigation and adaptation. This goal has not been met and measurement of progress has been hampered by unclear accounting rules. If energy-intensive businesses like chemicals, fertilizers, ceramics, steel, and non-ferrous metals invest significantly in R&D, its usage in industry might amount to between 5% and 20% of all energy used.