China Spent More on Clean Energy Than the Rest of the World Combined
Canada Clears Path for West Coast Oil Pipeline Build Haley Zaremba is a writer and journalist based in Mexico City.
She has extensive experience writing and editing environmental features, travel pieces, local news in the… China has been outspending the rest of the world on clean energy for years now, and new data shows that the investment is paying off in spades.
Beijing’s lead in the global clean energy race is wider than ever, according to new figures from the research firm Atlas Public Policy.
While gains in clean energy by the world’s biggest greenhouse gas emitter are good news for the entire planet, the increasing concentration of global clean energy supply chains in the hands of just one nation – and an authoritarian nation at that – raises some key geopolitical and energy security concerns for the international community.
Atlas Public Policy analyzed global clean energy investment data between the years 2019 and 2025, and found that more than half of the $1.1 trillion invested came from Chinese companies.
In other words, this means that the entire rest of the planet put together spent less than China alone.
Compared to China’s more-than $500 billion in investments, the United States, the world’s largest economy, received a relatively paltry $236 billion in clean energy investing, only 40% of which came from U.S.
companies, “showing the US dependence on foreign direct investment for its manufacturing sector,” according to thereport, published just this month.
While these figures alone are staggering and tell us a lot about the scale and seriousness of China’s ambition to become theworld’s first electro-state, the details of the investments reveal even more about Beijing’s energy strategy.
A significant portion of China’s clean tech investments – about $136 billion – funded clean tech factories in other countries, “an indication of its strategy to enter new markets and dodge trade barriers” according to areportfrom nonpartisan news outlet Semafor.
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China has been working toward consolidating global clean energy supply chains and increasing its energy dominance in emerging economies for years now.
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