Global energy transition investment biggest in 2020 -- Report

pandemic, global investment in assets aimed at cleaner energy and environment was largest that year, a report by the Bloomberg New Energy Finance has revealed.

Of that amount, companies, governments and households invested $303.5 billion in new renewable energy capacity, two per cent higher than the previous year. Also, entities globally spent $139 billion on electric vehicles and associated charging infrastructure, up 28 per cent on the previous year, setting a new record.

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