coronavirus pandemic, which resulted in spending reductions of nearly two thirds on coal, oil, and gas investments compared to the same period in 2019.
Investments in the renewable energy sector surged to a high of 23.3 billion U.S. dollars in the first quarter of 2020. This was in spite of ongoing concerns over the Foreign direct investments announced in renewable energy and fossil fuels sectors worldwide in Q1 2020
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fDi Markets. (May 7, 2020). Foreign direct investments announced in renewable energy and fossil fuels sectors worldwide in Q1 2020 [Graph]. In Statista. Retrieved January 22, 2021, from https://www.statista.com/statistics/548630/global-energy-industry-fdi-by-sector/
fDi Markets. "Foreign direct investments announced in renewable energy and fossil fuels sectors worldwide in Q1 2020." Chart. May 7, 2020. Statista. Accessed January 22, 2021. https://www.statista.com/statistics/548630/global-energy-industry-fdi-by-sector/
fDi Markets. (2020). Foreign direct investments announced in renewable energy and fossil fuels sectors worldwide in Q1 2020. Statista. Statista Inc.. Accessed: January 22, 2021. https://www.statista.com/statistics/548630/global-energy-industry-fdi-by-sector/
fDi Markets. "Foreign Direct Investments Announced in Renewable Energy and Fossil Fuels Sectors Worldwide in Q1 2020." Statista, Statista Inc., 7 May 2020, https://www.statista.com/statistics/548630/global-energy-industry-fdi-by-sector/
fDi Markets, Foreign direct investments announced in renewable energy and fossil fuels sectors worldwide in Q1 2020 Statista, https://www.statista.com/statistics/548630/global-energy-industry-fdi-by-sector/ (last visited January 22, 2021)