Global renewable energy capacity quadruples in 10 years, but emissions still grow

Renewable energies have seen their production capacity quadruple worldwide in 10 years, although this has not prevented emissions from the energy sector from growing.

This information comes from the annual report of the Frankfurt School of Finance and Management and Bloomberg New Energy Finance (BNEF) with the United Nations Environment Programme (UNEP), which was released Thursday ahead of the UN climate summit.

Wind, biomass, hydropower and above all solar energy investments reached more than 2,500 billion dollars over this decade, driven by falling costs, says the report.

According to these calculations, which do not include dams larger than 50 MW, renewables now represent a capacity of 1,650 gigawatts (compared to 414 GW in 2009) and generated 12.9% of global electricity production in 2018.

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