Energy transition: France is putting in more resources than other countries

21/05/2021
France is leading G20 countries for investment in renewable energy and energy efficiency.
Photo Credits : France Nature Environnement

Thanks to its public funding to foster the production of green hydrogen and development of two-wheel mobility, France is singled out by the International Institute for Sustainable Development.

May 2021. The International Institute for Sustainable Development (IISD) has reported that France posts the largest amount of investment of all the G20 countries – $21.57 billion – as concerns policies designed to foster renewable energy and energy efficiency, primarily those related to housing renovation ($7.065 billion).

These measures, derived in large part from the France Relance recovery plan, fall within the category of “clean unconditional” (“absolument propres”) investments. They also include public funding released to foster the production of green hydrogen and the development of two-wheel mobility.

When it comes to “clean conditional” (“indirectement propres”) investments, such as those dedicated to rail and electric vehicles, which are not totally neutral from an environmental point of view, France also ranks amongst the best.  Some $14.7 billion falls into this category.

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