Private infrastructure investment in non-renewables (more carbon-intensive and less sustainable) was greater than renewables in all country income groups except high-income countries, over the past decade. In high-income countries, sustainable low-carbon investments have intensified in accordance with the landmark ‘Paris agreement’ to combat climate change. A strengthened global response calls for enhanced support to developing countries in accelerating renewables investments.
Over the last decade, lower-income countries attracted relatively higher private investment in the telecom infrastructure sector as a result of the global proliferation of the digital revolution. In higher income countries, transport sector constituted a relatively greater proportion of total private investment.