Clean Energy Investments: Global Return on Investment Comparison

This is the second in a series of joint reports by the International Energy Agency and Imperial College Business School, examining the risk and return proposition in energy transitions of the following renewable energy and fossil fuel investment portfolios over the past decade: global markets, advanced economies, emerging and developing economies, and China. In all portfolios, renewable energy generated higher total returns relative to fossil fuels. Overall, the analysis demonstrates a superior risk-return profile for renewable energy both under normal market conditions and amid events such as the recent pandemic.