Allianz Climate and Energy Monitor 2018
Summary
The Allianz Climate and Energy Monitor 2018 evaluates G20 member states based on their attractiveness for low-carbon electricity infrastructure investments and their alignment with the Paris Agreement's temperature limits. The report finds that while France currently leads in investment attractiveness for renewables, no G20 country serves as a complete role model, and most lack the binding long-term strategies necessary to achieve net-zero emissions by 2050.
Key insights
- France is ranked as the most attractive G20 country for renewable energy investments due to a favorable overall environment. Germany and the UK have both seen declines in their rankings because of deficiencies in policy design and a drop in the quality of their policy environments for renewables.
- Most G20 nations are failing to meet the ambition of the 2015 Paris Agreement. While Canada, France, Germany, Mexico, the UK, and the US have submitted long-term decarbonization strategies to the UNFCCC extending to 2050, only the UK's strategy includes full decarbonization of the power sector. Furthermore, the US government expressed intentions in 2017 to withdraw from the Paris Agreement and no longer supports its own strategy.
- Only Germany, France, Brazil, and Argentina have planned annual renewable installations sufficient to meet the decarbonization of the power sector required by the Paris Agreement. Most other countries lack a long-term vision, with targets typically ending by 2025 or 2030.
- Certain countries previously considered stragglers are improving their policy environments through auctioning schemes, specifically Argentina with RenoVar, Saudi Arabia, and Turkey with the YEKA scheme. Conversely, the US and Australia are reducing federal support for renewables despite having mature markets.
- While China, Germany, India, Brazil, Japan, and France possess comprehensive direct support frameworks—including auctions, feed-in-tariffs (FiTs), and renewable purchase obligations—all G20 countries need to improve administrative procedures and the certainty of policy signals to attract further investment.
Cite the original document
- APA
- NewClimate Institute (2018). Allianz Climate and Energy Monitor 2018. http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2018
- Chicago
- NewClimate Institute. Allianz Climate and Energy Monitor 2018. 2018. http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2018.
- Wikipedia
- {{cite report |author=NewClimate Institute |title=Allianz Climate and Energy Monitor 2018 |date=26 November 2018 |url=http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2018 |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{newclimateinstitute2018allianz, author = {{NewClimate Institute}}, title = {{Allianz Climate and Energy Monitor 2018}}, institution = {NewClimate Institute}, year = {2018}, month = nov, url = {http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2018}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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