The G20 countries spent a cumulative 44.6 billion U.S. dollars supporting international fossil fuel industries between 2020 and 2022, per year. The oil and gas industry was by far the largest beneficiary, accounting for the lion's share of public financing. Canada was the G20 country with the highest public financing of fossil fuel sources in the same time period.
Average international public finance of clean energy and fossil fuels by G20 countries between 2020 and 2022
(in billion U.S. dollars per year)
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Oil Change International. (April 9, 2024). Average international public finance of clean energy and fossil fuels by G20 countries between 2020 and 2022 (in billion U.S. dollars per year) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1463272/g20-public-finance-on-fossil-fuels-and-clean-energy/
Oil Change International. "Average international public finance of clean energy and fossil fuels by G20 countries between 2020 and 2022 (in billion U.S. dollars per year)." Chart. April 9, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1463272/g20-public-finance-on-fossil-fuels-and-clean-energy/
Oil Change International. (2024). Average international public finance of clean energy and fossil fuels by G20 countries between 2020 and 2022 (in billion U.S. dollars per year). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1463272/g20-public-finance-on-fossil-fuels-and-clean-energy/
Oil Change International. "Average International Public Finance of Clean Energy and Fossil Fuels by G20 Countries between 2020 and 2022 (in Billion U.S. Dollars per Year)." Statista, Statista Inc., 9 Apr 2024, https://www.statista.com/statistics/1463272/g20-public-finance-on-fossil-fuels-and-clean-energy/
Oil Change International, Average international public finance of clean energy and fossil fuels by G20 countries between 2020 and 2022 (in billion U.S. dollars per year) Statista, https://www.statista.com/statistics/1463272/g20-public-finance-on-fossil-fuels-and-clean-energy/ (last visited December 23, 2024)
Average international public finance of clean energy and fossil fuels by G20 countries between 2020 and 2022 (in billion U.S. dollars per year) [Graph], Oil Change International, April 9, 2024. [Online]. Available: https://www.statista.com/statistics/1463272/g20-public-finance-on-fossil-fuels-and-clean-energy/