China Again Tops for Clean Energy Investment, Study Shows
- Renewable power generation investment surges to $126 billion
- Clean energy center of gravity shifting from north to south
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China, the world’s biggest emitter of carbon pollution, continues to hold the top position as the best developing country in which to invest in clean energy in a study by Climatescope, a research project whose partners include Bloomberg New Energy Finance and the U.K. Department for International Development.
The nation scored highest for a second consecutive year in an analysis of 55 emerging market nations including South Africa, Uruguay and Kenya that mapped important progress in the areas of spending, capacity deployment, and policy development. Brazil and Chile followed China in the rankings, according to Climatescope scores, which were based on data from 2014.