The United Nations Conference on Trade and Development (UNCTAD) released a report on the 5th, said that by the Russian-Ukrainian conflict, high food and energy prices and soaring public debt and other factors, global foreign direct investment in 2022 fell 12% to $1.3 trillion compared to the previous year.

　　UNCTAD's World Investment Report 2023, released the same day, showed that FDI flows to developed economies fell 37 percent to $378 billion in 2022, while FDI flows to developing countries grew 4 percent to $916 billion. By sector, the number of investment projects in industries facing supply chain challenges such as electronics, semiconductors, automotive and machinery surged, while investment in the digital economy slowed.

　　Developing countries struggling to meet the UN Sustainable Development Goals by 2030 have seen their annual investment deficits widen, with the investment gap expanding from $2.5 trillion in 2015 to about $4 trillion a year today, the report said.

　　The report shows a slowdown in renewable energy investment growth in 2022, with international investment in renewable energy generation, including solar and wind, growing by 8%, down from 50% growth in 2021. Meanwhile, battery manufacturing projects announced for 2022 tripled, with investments of more than $100 billion.

　　The report also says that developing countries attract about $544 billion in investment in the renewable energy sector in 2022, but that is far from the $1.7 trillion needed annually.

　　The report calls for urgent support to developing countries to enable them to attract more investment to make the transition to clean energy.