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Image header Agence Europe
Europe Daily Bulletin No. 11828
Contents Publication in full By article 12 / 29
SECTORAL POLICIES / Energy

IEA says energy investment declined globally in 2016 but clean energies reached 43% market share

Despite a 12% contraction last year in investment in the global energy sector (this reached a figure of USD 1.7 trillion or 2.2% of global GDP), spending on the electricity sector around the world exceeded the combined spending on oil, gas and coal supply. According to the International Energy Agency’s annual report published on Tuesday, 11 July, the share of clean-energy spending reached 43% of total supply investment, a record high.

The uptick in clean energy investment as the result of...

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