France overtakes Germany as most attractive G20 country for renewable energy investments
Allianz / Germanwatch
Germany has ceded its position as the G20鈥檚 most attractive market for renewable energy investments to its neighbour France, the Climate and Energy Monitor 2018 report by insurance company Allianz has found. The report compiled together with NGO Germanwatch says that while France boasts 鈥渁n overall favourable environment for renewables,鈥 Germany falls back 鈥渄ue to a drop in the quality of the overall policy environment.鈥 An example is the switch to auctions in Germany鈥檚 renewables support scheme, which has cut the expansion volumes of renewable energies while additional auctions to compensate for this decrease have not been implemented quickly enough to defend the country鈥檚 leading position, says Germanwatch鈥檚 Jan Burck. 聽The UK and Italy follow on rank three and four, respectively, the report says. However, the authors stress that 鈥渄espite high scores for several countries, no single country is yet close to becoming a role model鈥 for others to illustrate a successful implantation of the Paris Climate Agreement鈥檚 provisions.
Find the report in English and a press release by Germanwatch in German .
Find background in the 威力彩玩法 dossier The energy transition's effects on the economy.