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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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New phase of globalization could undermine efforts to reduce CO2 emissions

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Some production activities are relocating from China and India to other developing countries, such as Indonesia, Vietnam and Thailand, particularly for raw materials and intermediate goods production in energy-intensive sectors. trillion) in 2014.

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