Global investments in clean energy and energy efficiency are outpacing those in fossil fuels, with China and the United States leading the charge. However, while China and the U.S. prioritized clean energy investments, other regions show varying priorities.
Regional disparities in energy investments
The Middle East, Latin America, Africa, and Southeast Asia continued to invest more heavily in fossil fuels than in clean energy, while the European Union stood out with a remarkably high ratio of clean to fossil energy investment, approximately ** times higher. China's commitment to renewable power is particularly striking, accounting for nearly ** percent of estimated global investment in renewable energy sources in 2025. The country’s renewable energy capacity was by far the largest in the world in 2024, surpassing the U.S. by a factor of ****.
Global energy sources
In 2022, around ********* of the energy consumed in the world was produced using oil, while the overall contribution of fossil fuels to the energy mix was over ** percent. China and the U.S. were the largest energy-producing and -consuming countries in the world, but despite their investment in renewable energy, both their energy sectors relied on fossil fuels. By comparison, Latin America and the Caribbean had the highest rate of renewable power consumed in the world, almost ****** that recorded in North America and Asia.
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IEA. (June 11, 2025). Estimated investment in fossil fuels and clean energy infrastructure worldwide in 2025, by selected region or country (in 2024 billion U.S. dollars) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/1479213/clean-and-fossil-energy-investment-by-region-worldwide/
IEA. "Estimated investment in fossil fuels and clean energy infrastructure worldwide in 2025, by selected region or country (in 2024 billion U.S. dollars)." Chart. June 11, 2025. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/1479213/clean-and-fossil-energy-investment-by-region-worldwide/
IEA. (2025). Estimated investment in fossil fuels and clean energy infrastructure worldwide in 2025, by selected region or country (in 2024 billion U.S. dollars). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/1479213/clean-and-fossil-energy-investment-by-region-worldwide/
IEA. "Estimated Investment in Fossil Fuels and Clean Energy Infrastructure Worldwide in 2025, by Selected Region or Country (in 2024 Billion U.S. Dollars)." Statista, Statista Inc., 11 Jun 2025, https://www.statista.com/statistics/1479213/clean-and-fossil-energy-investment-by-region-worldwide/
IEA, Estimated investment in fossil fuels and clean energy infrastructure worldwide in 2025, by selected region or country (in 2024 billion U.S. dollars) Statista, https://www.statista.com/statistics/1479213/clean-and-fossil-energy-investment-by-region-worldwide/ (last visited May 07, 2026)
Estimated investment in fossil fuels and clean energy infrastructure worldwide in 2025, by selected region or country (in 2024 billion U.S. dollars) [Graph], IEA, June 11, 2025. [Online]. Available: https://www.statista.com/statistics/1479213/clean-and-fossil-energy-investment-by-region-worldwide/