Report
Clean Investment Monitor: Global H1 2026 Update
In the first half of 2026, global clean investment was 17% below the same period in 2025 and roughly in line with levels recorded in the first half of 2024.
Partner
Kate Larsen is a Partner at Rhodium Group and leads the firm’s global energy and climate research.
Energy & ClimateKate specializes in analysis to drive deep decarbonization strategies and accelerate the global transition toward clean energy economies. She manages a multi-disciplinary team of energy modelers, technology experts, policy specialists, and systems analysts focused on accelerating the global clean energy transition.
Prior to joining Rhodium, Kate was the Deputy Director for Energy and Climate Change at the White House Council on Environmental Quality where she helped develop President Obama’s Climate Action Plan. Before that, Kate was a Foreign Affairs Officer at the US Department of State, serving as a lead US negotiator in the United Nations climate negotiations and one of the architects of the measurement, reporting and verification framework under the Paris Agreement. Kate has also worked at the International Energy Agency in Paris, the World Resources Institute in Washington, and the Environmental Defense Fund in California. She received a Bachelor’s degree in Biology from Stanford University and a Master’s degree from the LBJ School of Public Affairs at the University of Texas at Austin.
Report
In the first half of 2026, global clean investment was 17% below the same period in 2025 and roughly in line with levels recorded in the first half of 2024.
Note
Global clean tech manufacturing investment has moderated after a decade of extraordinary growth. China and the US were the primary drivers of that rise and the subsequent pullback—though the nature of each country's decline differs significantly.
Note
In steel production, fossil fuels are consumed primarily in the initial ironmaking step. We examine the major cost drivers of clean iron production and assess which countries are best positioned to produce it at low cost.
Note
The war in the Middle East has disrupted jet fuel, which has seen prices more than double since January. The crisis has intensified calls to build long-term resilience for jet fuel supplies by accelerating SAF.