Page 11 - Policy & Economic Report - June 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

increase in output reflects solar ’s growing dominance among clean energy sources, especially during
high-sunlight months, and solidifies its role in decarbonizing global power grids.

China played a crucial role in this global shift. In April alone, wind and solar together provided 26% of
the country’s electricity. This marks a record for China and showcases the potential impact of large-
scale renewable adoption in major economies.

4. Global foreign direct investment (FDI) fell by 11% to $1.5 trillion in 2024, marking the second
straight year of decline.

Global FDI flows fell by 11 per cent in 2024, to $1.5 trillion in 2024. Developed countries experienced
a 22 per cent contraction, while flows to developing economies were stable. Much of the global
decline was due to a 58 per cent fall in FDI to Europe. Other contributors were the decline of FDI to
China, where inflows dropped by 29 per cent, and South America, where inflows declined by 18 per
cent.

Figure 3: FDI inflows by economic region, billions of dollars and %

Source- UNCTAD Page | 10

June 2025