China and Brazil are the top two among developing nations for investment in clean energy, according to an independent industry report, Climatescope 2015.
Chinese state-run news agency Xinhua quoted the report saying China scored 2.29 – on a scale of 0 to 5 – for investment in and deployment of technologies for clean energy. That was the highest score among 55 developing nations polled in Latin America, the Caribbean, Africa and Asia. The annual report put Brazil in second place in the ranking, with a score of 2.12.
“China continues to play a critical role in clean energy’s evolution, not just in emerging markets but in all countries,” the report said.
Xinhua also said China had invested US$89 billion in clean energy in 2014, representing the country’s commitment to a low-carbon future.
Climatescope 2015 was sponsored by the U.K.’s Department for International Development and the U.S. Agency for International Development, with Bloomberg New Energy Finance as the research partner.