Global investment in energy transition reaches new heights

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BloombergNEF’s annual investment report records a 27% rise from 2020 to 2021, with almost half of all investment occurring in Asia

Global investment in the energy transition totaled $755 billion in 2021 – a new record – off the back of rising climate ambition and policy action from countries around the world, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). Investment rose in almost every sector covered in the report, including renewable energy, energy storage, electrified transport, electrified heat, nuclear, hydrogen and sustainable materials. Only carbon capture and storage (CCS) recorded a dip in investment, though there were many new projects announced in the... ... More: Official Press Release Bloomberg NEF

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BloombergNEF, investment, low carbon, energy transition, Asia Pacific, billion, record, country, net zero, renewable energy