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Energy Transition Investment Hit $500 Billion in 2020 – For First Time

January 19, 2021   The world invested unprecedented amounts in low-carbon assets last year, from renewables to cleaner transport, energy storage to electric heat   London and New York, January 19, 2021 – A new, broad measure of ‘energy transition investment’, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic. BNEF’s analysis shows that companies, governments and households invested $303.5 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50 billion surge for offshore wind. They also spent $139 billion on electric vehicles and associated charging infrastructure, up 28% and a new record.

BloombergNEF: Investitionen in Energiewende betrugen 2020 erstmals über $500 Milliarden (ee-news ch)

BloombergNEF: Investitionen in Energiewende betrugen 2020 erstmals über $500 Milliarden (ee-news ch)
ee-news.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ee-news.ch Daily Mail and Mail on Sunday newspapers.

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

A new, broad measure of “energy transition investment”, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic. BNEF’s analysis shows that companies, governments and households invested $303.5.

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