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Annual growth of 23% and $345 billion investment drive Asian dominance

IndiaTimes Thursday, 16 November 2023
Investments in renewable energy in Asia are growing rapidly, with wind, solar, and clean vehicles leading the way. Asia accounts for over half of global renewable capacity, driven by China, India, and Vietnam. The region also leads in electric vehicle sales, with a 3,000% increase from 2015 to 2022. Despite significant coal fleets in India and China, Asia now holds a dominant position in global greenhouse gas emissions. The report emphasizes the critical role of Asia in the global transition to cleaner energy and calls for integrating clean energy into development efforts.
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