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UNCTAD calls for support to close $4trn green energy investment gap in developing countries

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Amid the raging energy crisis, the United Nations Conference on Trade and Development (UNCTAD) has called for urgent support for developing countries to

UNCTAD’s World Investment Report 2023 made this known on Wednesday.

According to the report, developing countries need renewable energy investments of about $1.7 trillion annually but attracted foreign direct investment in clean energy worth only $544 billion in 2022.

 

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