RT null T1 Global Trends in Renewable Energy Investment 2020 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 Emmerich, Malin A2 Ajadi, Tayo A2 Cuming, Victoria A2 Boyle, Rohan A2 Strahan, David A2 Kimmel, Matthias A2 Logan, Michael K1 renewable energy source K1 renewable resource K1 investment K1 private sector K1 fossil fuel K1 developing country K1 China K1 India K1 Middle East K1 Africa K1 Latin America K1 Asia and the Pacific K1 developed country K1 United States K1 Europe K1 equity K1 venture capital PB Frankfurt School of Finance & Management gGmbH YR 2020 FD 2020 LK https://wedocs.unep.org/handle/20.500.11822/32700 UL https://wedocs.unep.org/handle/20.500.11822/32700 NO This report analyzes 2019 investment trends, and clean energy commitments made by countries and corporations for the next decade. It finds commitments equivalent to 826 GW of new non-hydro renewable power capacity, at a likely cost of around USD 1 trillion, by 2030 (1GW is similar to the capacity of a nuclear reactor). Getting on track to limiting global temperature rise to under 2 degrees Celsius – the main goal of the Paris Agreement – would require the addition of around 3,000GW by 2030, the exact amount depending on the technology mix chosen. The planned investments also fall far below the USD 2.7 trillion committed to renewables during the last decade. DS UN Environment Document Repository RD Sep 19, 2026