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The company says that it plans to spend more than a billion euros on heat-pump technology and that it will invest roughly 2.5 billion in hydrogen technologies between 2021 and 2026. By 2023, Bosch reported that 99% of its electricity requirements were met by green energy. gigawatts of installed capacity in 18 countries.
And when more supportive administrations were elected in 2020 and 2021, these same advocacy networks were equipped to pivot to ambitious federal policy—resulting in the landmark US Inflation Reduction Act and, in Brazil, a 50 precent drop in deforestation with additional climate policy action on the horizon. But 2023 also saw great progress.
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