Category: Report

January 29 2025

Third Annual Energy Supply Investment and Banking Ratios

The energy industry is shifting more of its investments into cleaner sources of supply. Bank financing for low-carbon energy supply technologies reached 95% of that for fossil fuels in 2023 – meaning that for every dollar that went to oil, natural gas and coal, 95 cents went into things like wind and solar.

December 19 2024

Latin America’s EVs Get a Big Boost From Chinese Carmakers

Passenger EV adoption in Latin America has long been sluggish, held back by high upfront prices for electric cars. Yet with the arrival of affordable Chinese models from automakers such as BYD, EV adoption is accelerating. Sales have doubled year-on-year, and the EV share of new car sales passed 6% this year – up from just 2% two years ago.

December 2 2024

Latin America’s Clean Energy Build to Peak in 2024

Wind and solar installations in Latin America have been on a dramatic growth trajectory. Small-scale solar build in Brazil has driven the market to quintuple over the past five years, and new energy bills in Argentina and Mexico promise to promote clean energy investments.

November 21 2024

Five Ways Climate Change Is Remaking US Energy Markets

Changing weather can throw commodities markets off balance, snarl supply chains and distort the prices of energy commodities. This BloombergNEF analysis looks at five of the impacts of these shifting weather patterns are already playing out in energy and commodity markets today

November 19 2024

Did You Spot a New EV in Brazil? It’s Probably Chinese

Chinese EV manufacturers captured 89% of Brazil's EV sales, owing to demand growth, no political trade barriers, and the strategic focus on emerging markets, solidifying their first-mover advantage.

November 14 2024

Net Zero Hinges on Emerging Markets Outside China More Than Doubling Annual Energy Investment

Emerging markets outside China are projected to need to more than double their yearly investments in energy transition to achieve net-zero emissions by 2050. According to BloombergNEF, these low- and middle-income economies will need $69 trillion over the next few decades, covering areas such as solar and wind power, as well as electric vehicles.

November 13 2024

Tracking Climate Transition Plans in the Financial Sector

At least 42% of institutions in sector alliances under the Glasgow Financial Alliance for Net Zero (GFANZ) have disclosed all 10 components of the GFANZ transition plan framework. Many of the goals and commitments aren’t detailed in a single place. This note delivers a review of disclosures across sources and compares them with a consistent framework.

November 11 2024

Are Global EV Sales Really Slowing Down?

Around this time last year, reports began highlighting a drop in EV demand. Although growth rates are slowing, EV sales are expected to reach another record. BloombergNEF estimates that sales of EVs, including battery-electric and plug-in hybrids, will hit 16.7 million units this year, up from 13.9 million in 2023.

November 11 2024

Headwinds in Largest Energy Storage Markets Won’t Deter Growth

It will be another record year for energy storage installations globally, but the two largest markets – China and US – may face challenges next year due to targets already being met in one and election-outcome related uncertainty in the other.

November 7 2024

Fossil-Fuel Subsidies Stay High but G-20 Inch Forward on Carbon Pricing and Climate-Risk Policy

On the brink of this year's United Nations climate summit, COP29, governments are grappling with how to devise their next climate plans. BloombergNEF analysis suggests that some Group-of-20 governments have made headway on implementing robust policies to tackle climate change, others have not.