Allianz Climate and Energy Monitor 2017

The Allianz Climate and Energy Monitor 2017 ranks G20 member states on their attractiveness for low-carbon electricity infrastructure investments and assesses their investment needs to meet Paris Agreement temperature limits. While OECD countries like Germany, the UK, and France remain the most attractive destinations due to stable policy frameworks, emerging markets such as China, India, and South Africa show significant growth in renewable installations but face high investment needs to create climate-resilient power infrastructure.

• Germany, the UK, and France are the most attractive G20 destinations for low-carbon electricity investments because they combine stable policy environments with high market maturity and favorable general investing conditions. However, the UK experienced the largest drop in policy attractiveness scores this year, partly due to uncertainty regarding its post-Brexit approach to climate change and the end of its binding renewable energy target in 2020.
• China is a top performer in renewable energy uptake, installing more solar photovoltaic (PV) in 2016 than all other G20 countries combined. It is currently working to adjust its market design and power systems to integrate variable renewables and reduce curtailment.
• To align power infrastructure with the Paris Agreement's 2°C pathway, G20 countries must roughly double their annual investments, with total needs estimated at USD (2012) 709 billion per year between 2014 and 2035. China, the US, and India are projected to have the highest absolute investment needs due to their high current power sector emissions.
• There is a general shift among G20 governments away from fixed feed-in tariffs toward auctioning or tendering for renewable energy projects, with over half of G20 countries adopting or announcing auctions in 2016. In the US, falling technology costs have driven growth—with wind and solar providing 60% of 27 GW of new power installations in 2016—despite a federal policy environment that has become increasingly unsupportive and a decision to exit the Paris Agreement.
• Many G20 nations lack a concrete strategy up to 2050 for the deep decarbonization of electricity systems and the integration of renewables, including Argentina, Australia, Indonesia, Russia, Saudi Arabia, South Africa, and Turkey. Without holistic system design to handle variable power generation, the capacity for renewable energy generation will remain limited.

APA

NewClimate Institute (2017). Allianz Climate and Energy Monitor 2017. http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2017

Chicago

NewClimate Institute. Allianz Climate and Energy Monitor 2017. 2017. http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2017.

Wikipedia

{{cite report |author=NewClimate Institute |title=Allianz Climate and Energy Monitor 2017 |date=29 June 2017 |url=http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2017 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2017allianz, author = {{NewClimate Institute}}, title = {{Allianz Climate and Energy Monitor 2017}}, institution = {NewClimate Institute}, year = {2017}, month = jun, url = {http://www.newclimate.org/resources/publications/allianz-climate-and-energy-monitor-2017}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }