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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. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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—Leo Johnson, Partner, Sustainability and Climate Change, PwC. The new reality is a much more challenging future in terms of planning, financing and predictability. —Jonathan Grant, director, sustainability and climate change, PwC. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina).