In 2024, annual investment in renewable power in China was estimated at nearly 360 billion U.S. dollars, almost twice the amount invested in fossil fuels in the country. By comparison, Southeast Asia's annual investment in renewable energy in 2024 was estimated at 15 billion U.S. dollars, less than a quarter of the amount invested in fossil fuels in the region that year.
Annual energy investment in the Asia-Pacific region in 2019 and 2024, by type and select country and region
(in billion U.S. dollars)
Low-emissions fuels refer to modern bioenergy, low-emissions H2-based fuels, and carbon capture, utilization, and storage (CCUS) associated with fossil fuels and also includes direct air capture.
Other clean power refers to fossil fuel power with CCUS, hydrogen, ammonia, and large-scale heat pumps.
Figures were calculated using the market exchange rate in 2023.
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IEA. (May 29, 2024). Annual energy investment in the Asia-Pacific region in 2019 and 2024, by type and select country and region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1537219/apac-energy-investment-by-type/
IEA. "Annual energy investment in the Asia-Pacific region in 2019 and 2024, by type and select country and region (in billion U.S. dollars)." Chart. May 29, 2024. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1537219/apac-energy-investment-by-type/
IEA. (2024). Annual energy investment in the Asia-Pacific region in 2019 and 2024, by type and select country and region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1537219/apac-energy-investment-by-type/
IEA. "Annual Energy Investment in The Asia-pacific Region in 2019 and 2024, by Type and Select Country and Region (in Billion U.S. Dollars)." Statista, Statista Inc., 29 May 2024, https://www.statista.com/statistics/1537219/apac-energy-investment-by-type/
IEA, Annual energy investment in the Asia-Pacific region in 2019 and 2024, by type and select country and region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1537219/apac-energy-investment-by-type/ (last visited November 24, 2024)
Annual energy investment in the Asia-Pacific region in 2019 and 2024, by type and select country and region (in billion U.S. dollars) [Graph], IEA, May 29, 2024. [Online]. Available: https://www.statista.com/statistics/1537219/apac-energy-investment-by-type/