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The Covid-19 crisis is causing the biggest fall in global energy investment in history

Impacts are felt across the energy world, from fuel and power supply to efficiency, with serious implications for energy security and clean energy transitions.

At the start of 2020, global energy investment was on track for its largest annual rise in six years. But after the Covid-19 crisis brought large swathes of the world economy to a standstill in a matter of months, investment is now expected to plummet by 20%, or almost $400 billion, compared with last year, according to the latest edition of our World Energy Investment report.

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