IEA: Global Energy Investments Face Unprecedented Uncertainties

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Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review.

The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and the paths to meeting the Paris Agreement and other sustainable development goals. Global energy investment totalled more than USD 1.8 trillion in 2018. For the third year in a row, the power sector attracted more investment than the oil and gas industry. The biggest jump in overall energy investment was in the United States, where it... ... More: Official Press Release IEA

Keywords:

Paris Agreement, climate change, investments, energy investment, renewable energy, coal, gas, decline, stalling