BRIC countries need extra $51bn per year to hit clean energy targets

Madeleine Cuff
clock • 1 min read

Analysis suggests significant new financing is needed to deliver 498GW of renewable energy promised under Paris Agreements

The BRIC countries - Brazil, China, Russia and India - are $51bn short of the annual investment needed to deliver on the clean energy targets promised under the Paris Agreement, according to new research....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

'Preparedness pays': Climate-ready firms outperforming less prepared peers

'Preparedness pays': Climate-ready firms outperforming less prepared peers

New data from MSCI shows companies with robust climate strategies outperformed peers by 25 percentage points over the five years ended April 2026

clock 05 November 2026 • 4 min read
'Sensible evolution': FCA confirms new UK regulations for ESG ratings providers

'Sensible evolution': FCA confirms new UK regulations for ESG ratings providers

UK financial regulator sets out pathway for bringing providers of company environmental, social and governance (ESG) ratings for investors within its scope over the next two years

Michael Nelson, Investment Week
clock 04 November 2026 • 4 min read
'Losing momentum': Climate progress stalls for first time in six years at leading financial institutions

'Losing momentum': Climate progress stalls for first time in six years at leading financial institutions

CPI's latest Net Zero Finance Tracker warns the share of assets held by institutions progressing towards climate targets has declined over the past year

clock 04 November 2026 • 4 min read