The world invested a record amount last year in the expansion of low-carbon assets, including renewable energy, clean transport, energy storage and electric heat - despite the Corona pandemic sweeping the globe. And green investment is also key to recovery.
A new analysis by BloombergNEF (BNEF) shows that investors worldwide didn't let COVID-19 stop them from investing their money in the energy transition in 2020. In fact, a record US$ 501.3 billion was raised for 2020, a 9% increase on 2019.
In 2020 companies, governments and households invested $303.5 billion in the expansion of renewable energies alone, an increase of two percent over ...