Global trends in the investment policy of countries in agriculture in the context of transition towards renewable energy sources

Abstract

Relevance. The renewable energy sector is attractive for foreign direct investment, among which projects related to the introduction of wind energy, as well as the reproduction of energy from biomass and biofuels are popular with investors. The proof of the popularity of such projects is the investment of 70% of all investments in renewable energy sources.The purpose The aim is to consider the trends of global investments in agriculture in the context of the transition to renewable energy sources.Objectives: to analyze the inflow of FDI to various regions of the world for the implementation of renewable energy transition projects; to show the reasons for the uneven investment of countries in different regions in modern conditions.Methodology. The structural theory is used to study investment flows, and the method of studying statistical reporting according  to  UNCTAD and  CEPAL data  is  used  for quantitative  and  qualitative  analysis of attracted investments.Results. The statistical data used formed the basis for a quantitative and qualitative analysis of the directions of attracting FDI to various countries, showing the heterogeneity of this process by region. The global climate situation requires accelerating low-carbon innovation by all possible means. Developed countries have the same problems of transition to renewable energy as developing countries, so investment investments are relevant for agriculture in all regions of the world.Conclusions. Western countries prefer to be in the trend of the modern economy and invest in green sectors of the economy and those industries that use carbon-neutral technologies. Global changes in green energy financing related to the transfer of funds to the "hotbeds of conflict" in Ukraine and the Middle East have put some countries (LACs) in need of finding their own resources to continue energy transition projects.