A decade ago, it was the world’s wealthiest countries that accounted for the bulk of investment in renewable energy. However, since then, developing nations are today leading the way in a world where electricity demand increases while technology costs fall. The locus of clean energy activity had shifted noticeably from “North” to “South”, from OECD to non-OECD countries.
A recent report ‘Climatescope’ – produced by energy researchers Bloomberg NEE – has studied 80 indicators such as clean energy policies, emissions, and installed capacities for 103 different countries, and…
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