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Governments accelerating renewables programme on the back of volatile conditions, says EY

Felicia Tan
Felicia Tan • 4 min read
Governments accelerating renewables programme on the back of volatile conditions, says EY
The increase is due to countries seeking to reduce their reliance on imported energy, says EY. Photo: Bloomberg
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Governments around the world are accelerating their renewables programme. This is to help reduce their reliance on imported energy on the back of continuing geopolitical tensions and economic uncertainty, reveals the latest EY Renewable Energy Country Attractive Index (RECAI 60).

The index ranks the world’s top 40 markets in terms of their attractiveness on their renewable energy investment and deployment opportunities.

Within the index, the US has retained in top place due to the passing of its Inflation Reduction Act in August. The Act was viewed as a “game changer” for the US’s green hydrogen energy.

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