A Hydro Quebec employee walks past monofacial solar panels at a solar plant in Varennes, Que. In the first half of 2025, global renewables investment rose 10 per cent from the year before, to a record US$386-billion, according to Zero Carbon Analytics.

Investors have committed US$20-billion to the second iteration of Brookfield Asset Management Ltd.’s BAM-T Global Transition Fund, making it the world’s largest private fund dedicated to the transition to clean energy, the company said Tuesday.

The windfall exceeded Brookfield’s own target, and underscores just how much money is being spent around the world to accelerate the shift to a net-zero carbon economy.

Roughly US$2.2-trillion globally is earmarked for spending on renewables, nuclear , power grids, low-emission fuels and electr

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