Clean Energy Investing: Global Comparison of Investment Returns
International Energy Agency (IEA) & the Centre for Climate Finance & Investment
released 19 March 2021
This reports examines the risk and return proposition in energy transitions. In this paper, they extend the coverage of publicly-traded renewable power and fossil fuel companies to the following: 1) global markets, 2) advanced economies, 3) emerging market and developing economies, and 4) China. They calculate the total return and annualized volatility of these portfolios over 5 and 10-year periods.