Decarbonization was lucky enough to be a safe haven during the health and economic crises of 2020. Here are just three pieces of evidence: clean energy shares roared to new records, up a remarkable 142% last year on the WilderHill New Energy Global Innovation Index (NEX); we saw the biggest financing ever in non-hydro renewables, at $8.3 billion for the first two stages of the U.K.’s Dogger Bank offshore wind project; and governments turned suddenly greener – China announcing a goal of net-zero emissions by 2060, and countries committing a total of more than $800 billion to ‘green stimulus’ programs. So what about 2021? Implicit in BNEF’s 10 Predictions for 2021 below is an expectation that the Covid-19 health crisis will ease gradually during the course of this year, and that most economies will stage recoveries.
BNEF 19th Jan 2021 read more »