![]() ![]() The tower stands 316 feet (96 m) tall, and the climb from ground level to the belfry is 334 steps. When completed in 1859, its clock was the largest and most accurate four-faced striking and chiming clock in the world. The tower was designed by Augustus Pugin in a neo-Gothic style. ![]() ![]() The official name of the tower in which Big Ben is located was originally the Clock Tower, but it was renamed Elizabeth Tower in 2012 to mark the Diamond Jubilee of Elizabeth II. Find other reports in this series on the IEA’s Global Energy Transitions Stocktake page.51☃0′03″N 0☀7′28″W / 51.5007°N 0.1245°W / 51.5007 -0.1245īig Ben is the nickname for the Great Bell of the Great Clock of Westminster, at the north end of the Palace of Westminster in London, England, and the name is frequently extended to refer also to the clock and the clock tower. This report is part of the IEA’s support of the first global stocktake of the Paris Agreement, which will be finalized in the run up to COP28, the next UN Climate Change Conference, at the end of 2023. It focuses on some important features of the new investment landscape that are already visible, including the policies now in place that reinforce incentives for clean energy spending, the energy security lens through which many investments are now viewed, widespread cost and inflationary pressures, the major boost in revenues that high fuel prices are bringing to traditional suppliers, and burgeoning expectations in many countries that investments will be aligned with solutions to the climate crisis. ![]() The report provides a global benchmark for tracking capital flows in the energy sector and examines how investors are assessing risks and opportunities across all areas of fuel and electricity supply, critical minerals, efficiency, research and development and energy finance. This year’s edition of the World Energy Investment provides a full update on the investment picture in 2022 and an initial reading of the emerging picture for 2023. ![]()
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