Figures & data
![](/cms/asset/20bac472-34f7-4a45-add2-6546e6ea063c/tcpo_a_2069664_uf0001_oc.jpg)
Figure 1. Investments in energy transition technologies. Note: CCS – carbon capture and storage. Investment in CCS is available from 2018, electrified transport from 2016. Renewable energy includes wind, solar, biofuels, biomass & waste, marine, geothermal and small hydro. Source: Authors’ own using data from BloombergNEF (Citation2020).
![Figure 1. Investments in energy transition technologies. Note: CCS – carbon capture and storage. Investment in CCS is available from 2018, electrified transport from 2016. Renewable energy includes wind, solar, biofuels, biomass & waste, marine, geothermal and small hydro. Source: Authors’ own using data from BloombergNEF (Citation2020).](/cms/asset/7d8d3e01-b88b-478b-b984-463b472a7c9d/tcpo_a_2069664_f0001_oc.jpg)
Figure 2. Investment in renewable energy. Notes: Renewable energy includes wind, solar, biofuels, biomass & waste, marine, geothermal and small hydro. Source: Authors’ own using data from BloombergNEF (Citation2020).
![Figure 2. Investment in renewable energy. Notes: Renewable energy includes wind, solar, biofuels, biomass & waste, marine, geothermal and small hydro. Source: Authors’ own using data from BloombergNEF (Citation2020).](/cms/asset/9256df1f-aeae-4c15-a795-2b956c9d924d/tcpo_a_2069664_f0002_oc.jpg)
Figure 3. Sources of financing and technology maturity. Source: Authors’ own using Frankfurt School-UNEP Centre/BNEF (Citation2020, p. 58)
![Figure 3. Sources of financing and technology maturity. Source: Authors’ own using Frankfurt School-UNEP Centre/BNEF (Citation2020, p. 58)](/cms/asset/4459f425-60aa-4119-ab82-ba88021b403c/tcpo_a_2069664_f0003_oc.jpg)
Figure 4. Private financing structure in renewable energy (by year) Note: Please refer to Table A1 in the Appendix for definitions of the sources of financing. Source: Authors’ own using data from BloombergNEF (Citation2020).
![Figure 4. Private financing structure in renewable energy (by year) Note: Please refer to Table A1 in the Appendix for definitions of the sources of financing. Source: Authors’ own using data from BloombergNEF (Citation2020).](/cms/asset/e8ddad75-b21f-4684-9d9f-04fef8e44b73/tcpo_a_2069664_f0004_oc.jpg)
Figure 5. Private financing structure in renewable energy (by country). Source: Authors’ own using data from BloombergNEF (Citation2020).
![Figure 5. Private financing structure in renewable energy (by country). Source: Authors’ own using data from BloombergNEF (Citation2020).](/cms/asset/f6ac0f1e-2740-4461-93b2-b087054e1029/tcpo_a_2069664_f0005_oc.jpg)
Figure 6. Private financing structure in renewable energy (by technology). Source: Authors’ own using data from BloombergNEF (Citation2020).
![Figure 6. Private financing structure in renewable energy (by technology). Source: Authors’ own using data from BloombergNEF (Citation2020).](/cms/asset/5c7300d5-80ac-4b98-94ac-2d635a0e38f6/tcpo_a_2069664_f0006_oc.jpg)
Table 1. Renewable energy capacity.
Table 2. Descriptive statistics.
Table 3. Multi-level variables.
Table 4. The determinants of private investment in renewable energy by funding source: country, sector and time fixed effects.
Figure 7. Government R&D expenditure and energy policy estimated elasticities on private investment by funding source. Source: Authors’ estimation based on Equation (1).
![Figure 7. Government R&D expenditure and energy policy estimated elasticities on private investment by funding source. Source: Authors’ estimation based on Equation (1).](/cms/asset/73f6a1a0-72f3-4fa8-833d-3ce30a2f0277/tcpo_a_2069664_f0007_oc.jpg)