Category: Report

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.

October 31 2024

Strong US Clean Energy Growth to Continue Despite Election Headwinds

The US is on track to see over 25% growth in annual clean energy installations this year, according to BloombergNEF’s 2H 2024 US Clean Energy Market Outlook. BNEF expects the US to hit an all-time high of 65 gigawatts of new solar, wind and energy storage additions this year despite persistent structural hurdles like permitting and grid connections. Annual clean energy installations are set to average 102GW over the next 11 years – quadruple the 26GW averaged over the past 11 years – in BNEF’s base case view. 

October 31 2024

Readying the Global Power Grid for Net Zero

The world’s power grids need a lot of money – and a lot of new mileage – to be on track for net zero. nnual grid investment reaches $811 billion by 2030 in BloombergNEF’s Net Zero Scenario, driven by rapid growth rates in clean power, electric vehicles, and other low-carbon technologies. That’s  nearly three times as much as the flowed into the sector last year.

October 25 2024

Twelve Case Studies Survey the Business Opportunities in Curbing Nature Loss

Shifting the financial flows of the real economy away from activities that are damaging to nature and toward less harmful alternatives presents the most promising and immediate avenue for nature-related investment.