World on track to overshoot warming limit without massive investments - Woodmac

FILE PHOTO: Windmills tower over a field near the city of Waremme, Belgium, March 28, 2016. REUTERS/Yves Herman/File Photo

LONDON (Reuters) - The world must combine COVID-19 recovery packages with massive investments in renewable energy and low-carbon infrastructure or it will fail to meet a global warming limit target, a report by leading energy consultancy Wood Mackenzie said on Wednesday.

Currently, the world is on track for a 2.8 degrees Celsius to 3C rise in the global average temperature, above an internationally-agreed limit of below 2C, the report said.