Claussen

The International Energy Agency (IEA) forecasts that $20 trillion in new investment is required to meet world energy needs by 2030. Much of thisinvestment is required in the world's fastest-growing economies and expectations for China alone amount to 18% of the total.Innovative policies and technologies present significant opportunities to ensure economic growth and social developmentwhile minimizing the unintended costs of investments such as urban air pollution, resource depletion, health damage, waterstress and climate change.