China leads the world in energy transformation investment with $546 billion.
China leads the world in energy transformation investment with $546 billion.By investing $546 billion in energy transformation in 2022, China has become a world leader in this field.In 2022, when investment in this area broke world records, China realized almost half of all investments made in the world.
The United States came in second after China with an investment of $141 billion. Taking all its members as a whole, the European Union ranked second in this area in 2022 with an investment of $180 billion.
According to the report containing the above information, the global investment in low-carbon energy transition reached $1 trillion 100 billion in 2022, breaking a new record. The value of this amount was mainly the result of global investment, which accelerated compared to the previous year due to the energy crisis and policy responses to clean energy technologies.
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