India among leaders in annual renewable energy investment: UN report

The report mentions WFP estimates of an increase of 47 million acutely hungry people in 2022 across 82 countries due to the lingering effects of Covid-19 and the continuing Russian-Ukraine war

According to a United Nations (UN) report, eighty-four per cent of nearly $1 trillion of global investment in energy transition technologies in 2021 was deployed in China, India, Japan, the US and Europe.

The findings were presented in the third brief of the Global Crisis Response Group (GCRG) on Food, Energy and Finance, which was released by UN Secretary-General António Guterres and UNCTAD Secretary-General Rebeca Grynspan on Wednesday.

The report mentions that $4 trillion-$6 trillion in annual investments will be required until 2030 to ensure equitable renewable energy transition. However, since 2017, annual global energy-related investments have been