Finance

Covid Hits Clean Energy in Developing Nations After Record Year

  • Money for green power has slowed after record 2019, BNEF says
  • Foreign direct renewables investment hit $32 billion in 2019

Last year’s foreign direct investment in developing countries rose by a third from 2018.

Photographer: Dhiraj Singh/Bloomberg
Lock
This article is for subscribers only.

Sign up to receive the Green Daily daily newsletter and follow us @climate.

Investment in clean energy is slowing in developing countries this year after a record-breaking $32 billion flowed into the business in 2019, according to an analysis by BloombergNEF.