Global public money for energy sectors following COVID-19 2022, by country

Published by
Madhumitha Jaganmohan,
Mar 13, 2024
The United States has pledged close to 240 billion U.S. dollars to helping the energy industry recover from the coronavirus pandemic, more than any other country. As of June 2022, some 102.45 billion U.S. dollars is conditional aid directed at clean energy sources such as solar PV and wind. By comparison, the fossil fuel industry received nearly 80 billion U.S. dollars in unconditional aid. Most public money for the global energy industry is directed towards fossil fuel-affiliated industries.

Types of governmental funding for different energy sectors by G20 countries following the coronavirus pandemic as of June 2022, by country (in billion U.S. dollars)

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Release date

June 2022

Region

Worldwide

Survey time period

June 1, 2021

Supplementary notes

Included are only government policies introduced following the coronavirus pandemic from January 2020 onwards. Policies existing prior to pandemic were not taken into account, only new or amended policies were considered.

* Including nuclear energy, first generation bioenergy with proven negative effect on environment, co-fired energy types, and hydrogen.

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