BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high
Green Car Congress
NOVEMBER 26, 2019
Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4 New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China.