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The 2017 Allianz Climate and Energy Monitor finds that while emerging markets like China and India are seeing a boom in renewable energy installations driven by falling costs, OECD countries—specifically Germany, the UK, and France—remain the most attractive investment destinations due to stable policy frameworks. The report highlights a significant investment gap, stating that G20 countries must roughly double annual investments to meet Paris Agreement goals, with absolute needs reaching USD 709 billion per year (2012 prices) between 2014 and 2035. It notes a global shift from feed-in tariffs to auction-based support systems and warns that governments must now transition from focusing on generation to holistic power system design to integrate variable renewables and avoid curtailment.