RT null T1 Global Trends in Renewable Energy Investment Report 2018 A1 United Nations Environment Programme, A1 Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance, A1 Bloomberg New Energy Finance, A2 McCrone, Angus A2 Moslener, Ulf A2 d’Estais, Françoise A2 Grüning, Christine A2 Louw, Abraham A2 Boyle, Rohan A2 Strahan, David A2 Collins, Bryony A2 Kimmel, Matthias A2 Giannakopoulou, Elena A2 Becker, Lisa K1 renewable energy source K1 energy resource K1 electricity K1 cost K1 economy measure K1 China K1 India K1 Brazil K1 sustainable energy K1 carbon K1 wind K1 marine ecosystem PB Frankfurt School of Finance and Management gGmbH YR 2018 FD 2018 LK https://wedocs.unep.org/handle/20.500.11822/33382 UL https://wedocs.unep.org/handle/20.500.11822/33382 NO This document reports global trends in renewable energy investment, detailing flows by asset class and economy, the technologies included, and the market context in 2017. It excludes large hydro and relies on Bloomberg New Energy Finance’s transaction tracking, estimation of undisclosed values, and periodic historical revisions. Key findings include strong investment driven by asset finance and small distributed solar, with developing countries – especially China – prominent. Solar dominated capacity additions in 2017, and renewables supplied most net new power capacity. Costs fell significantly, with benchmark LCOE declines for PV and wind, and record-low auction tariffs. Policy mechanisms, auctions, PPAs, and expanding finance channels supported deployment, while public markets and VC/PE activity remained subdued amid sector maturity. DS UN Environment Document Repository RD Sep 19, 2026