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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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Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. The rest of the top five included Chile, Brazil, China, and Kenya, in that order.

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Not The End Of The World — Africa Moving Towards Decarbonisation

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Dr Hannah Ritchie of Our World in Data asserts that the rapidity of change will enable us to avoid the worst of the climate catastrophe that is currently building.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) and South Africa ($5.5 billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion set in 2011. billion, up just 3% on the year.

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