Global clean investment has hit a speed breaker. In the first half of 2026, it was 17% below the same period last year and roughly level with the first half of 2024. The pause follows a record 2025, when spending on clean power, transport, manufacturing and low-carbon industry came to nearly US$2 trillion, three times the 2018 level.
The fall was not smooth. According to a study, investment dropped by US$151.1 billion, or 28%, in the first quarter. It then recovered 5% to US$395.4 billion in the second.
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