Two years since the signing of the Paris climate agreement and eight years after Copenhagen, countries on both sides of the rich-poor divide are falling short on promises made to address climate change through clean energy investment, our research finds.
Beyond the drop seen 2015-2016, the longer-term trend is also potentially disconcerting for policy-makers. The number of non-OECD countries globally that have recorded clean energy asset finance of $100m or more per year ̶ approximately the cost of one large onshore wind or solar PV power plant ̶ has stagnated at around 27 since 2010.