Ambition on renewables in the G20

The report highlights a disparity in G20 funding, with USD 470 billion committed to fossil fuels since 2020 compared to USD 424 billion for clean energy. While some G20 nations show strength in corporate access to renewables and policy frameworks, their overall renewable energy ambitions and net zero targets are described as lagging.

• Since the beginning of 2020, G20 nations have provided more financial support to fossil fuel energy (USD 470 billion) than to clean energy (USD 424 billion).
• G20 countries are not performing strongly across all leadership and progress metrics for renewable electricity, specifically regarding renewable power capacities.
• Despite some G20 countries having favorable policies or strong corporate access to renewables, their net zero targets and renewable energy ambitions are not keeping pace with that progress.

APA

Davis, L. (2022). Ambition on renewables in the G20. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/ambition-on-renewables-in-the-g20/

Chicago

Davis, Luke. Ambition on renewables in the G20. We Mean Business Coalition, 2022. https://www.wemeanbusinesscoalition.org/blog/ambition-on-renewables-in-the-g20/.

Wikipedia

{{cite report |last1=Davis |first1=Luke |title=Ambition on renewables in the G20 |publisher=We Mean Business Coalition |date=21 September 2022 |url=https://www.wemeanbusinesscoalition.org/blog/ambition-on-renewables-in-the-g20/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{davis2022ambition, author = {Davis, Luke}, title = {{Ambition on renewables in the G20}}, institution = {We Mean Business Coalition}, year = {2022}, month = sep, url = {https://www.wemeanbusinesscoalition.org/blog/ambition-on-renewables-in-the-g20/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }