In 2019, the total new investment in renewable energy amounted to approximately 302 billion U.S. dollars worldwide. This was a two percent increase from the previous year.
The amount of funding provided for clean energy worldwide has steadily increased over the last two decades. In 2004, clean energy investments totaled just under 37 billion U.S. dollars and increased to a peak of 331 billion U.S. dollars in 2017. The significant increase in investment funding indicates that the industry has matured greatly. Policy support for renewable sources, an accelerating industry, and the emergence of publicly listed companies that own renewable energy assets (also known as yieldcos) have driven the steady rise in clean energy investment.
The countries with the highest investment in renewable energy are China and the United States, with investment in the former amounting to 90 billion U.S. dollars in 2019. However, this was a slight decrease from the previous year whilst investment in the United States experienced growth of 25 percent.
New investment in clean energy worldwide from 2004 to 2019
(in billion U.S. dollars)
*According to the source, total values include corporate and government R&D, VC/PE, public markets, small distributed capacity and asset finance. Asset finance volume adjusts for re-invested equity. Total values include estimates for
undisclosed deals. The figures do not include proceeds from acquisitions transactions.
Figures were restated in the 2020 edition of the report.
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Bloomberg, & UNEP, & FS-UNEP Collaborating Centre. (June 9, 2020). New investment in clean energy worldwide from 2004 to 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 19, 2022, from https://www.statista.com/statistics/186807/worldwide-investment-in-sustainable-energy-since-2004/
Bloomberg, und UNEP, und FS-UNEP Collaborating Centre. "New investment in clean energy worldwide from 2004 to 2019 (in billion U.S. dollars)." Chart. June 9, 2020. Statista. Accessed May 19, 2022. https://www.statista.com/statistics/186807/worldwide-investment-in-sustainable-energy-since-2004/
Bloomberg, UNEP, FS-UNEP Collaborating Centre. (2020). New investment in clean energy worldwide from 2004 to 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 19, 2022. https://www.statista.com/statistics/186807/worldwide-investment-in-sustainable-energy-since-2004/
Bloomberg, and UNEP, and FS-UNEP Collaborating Centre. "New Investment in Clean Energy Worldwide from 2004 to 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Jun 2020, https://www.statista.com/statistics/186807/worldwide-investment-in-sustainable-energy-since-2004/
Bloomberg & UNEP & FS-UNEP Collaborating Centre, New investment in clean energy worldwide from 2004 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/186807/worldwide-investment-in-sustainable-energy-since-2004/ (last visited May 19, 2022)