Emerging markets catching up fast to Germany, UK, France, China as top markets for renewable energy investments
Most G20 states improved conditions for investments in low-carbon energy over the past year, with several emerging market countries rapidly catching up to the leaders. The rapid development of the renewable energy sector is a crucial success factor for meeting the Paris climate goals. The G20 countries need to roughly double their annual investments in renewable energy to align their power infra-structure with the well below 2°C pathway, fixed at the Paris COP 21 in 2015.