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Clean Energy Investments in Rich Nations Outpace Poorer Ones

Despite a record amount of investments globally in solar farms, electric vehicles and other low-carbon projects, less money went to countries last year that have contributed the least to climate change.

Investments in developing economies fell 10% to $195 billion, equal to 43% of the total, according to BloombergNEF’s annual Climatescope survey. Developed nations, which have historically caused the most environmental damage, received $262 billion.