Figure 6.33 | Regional average annual investments from 2023 to 2052 (undiscounted, in USD billion yr –1) for four of the largest sub-sectors of the energy system in scenarios that limit warming to 2°C (>67%) or lower (C1–C3) (Source: AR6 Scenarios Database and Chapter 3). Historical investments are also shown for comparison (Source: IEA, 2016). T&D: transmission and distribution of electricity. Extr.: extraction of fossil fuels. Bars show median values across models-scenarios, and whiskers the inter-quartile ranges. See Chapters 3 and 15 for additional information on investments and finance.