Report: Emerging Markets More Attractive than EU, US for Renewable Energy Investment
June 09, 2016 at 10:45 AM EDT
Almost without exception, European markets slipped while less mature markets across Latin America, Africa and Asia continued their ascent, revealed the latest edition of the EY Renewable Energy Country Attractiveness Index (RECAI) report. Emerging markets now represent half of the countries in the 40-strong index, including four African markets featuring in the top 30. Ten years ago only China and India were attractive enough to compete with more developed markets for renewable energy investment.