International investment projects addressing the climate crisis have dipped in the wake of global economic headwinds, stalling years of growing momentum. Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global investment downturn, according to a new report published by the UN Conference on Trade and Development (UNCTAD) on 27 October. Citing a bleak outlook for global foreign direct investment (FDI)

The fDi Index reached its highest level since before the Covid-19 pandemic according to FDI Intelligence Global foreign direct investment (FDI) announcements surged in April, as software and financial firms expanded their international footprints, and renewables developers outlined major green electricity generation projects. The fDi Index, which tracks foreign investors’ sentiment, stood at 940 points in April, up by 28.5% from a year earlier, according to the latest figures