Transition finance

Since passage of the Inflation Reduction Act, listed companies upstream from the power-generation value chain (including clean-energy equipment manufacturing, batteries, electric-vehicle components and mineral processing) have announced more than USD 137 billion of investments in areas where the act offers manufacturing and investment incentives, finds MSCI ESG Research based on data as of Sept. 6, 2024.

• Battery-storage-related investments accounted for two-thirds (66%) of this, followed by electric-vehicle components (16%) and solar-panel parts (12%).