Most of the world's institutional overseas investments in the coal industry came from U.S. investors as of January 2021, with 58.4 percent of the total investments. The second and third largest investments at that time came from institutional Japanese and British investors, with 7.9 and 4.5 percent of the world's investments, respectively. By comparison, China's and Germany's institutional overseas investments in the coal industry stood at 1.8 percent each.
For example, the U.S.-based investment management companies Vanguard, BlackRock, and Capital Group had combined investments amounting to over 208 billion U.S. dollars for coal projects worldwide.
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Energy Monitor. (November 5, 2021). Distribution of institutional overseas investments in the coal industry worldwide as of January 2021, by investing country [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 05, 2026, from /statistics/1268001/share-of-global-overseas-investments-in-the-coal-industry-by-country/
Energy Monitor. "Distribution of institutional overseas investments in the coal industry worldwide as of January 2021, by investing country." Chart. November 5, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 05, 2026. /statistics/1268001/share-of-global-overseas-investments-in-the-coal-industry-by-country/
Energy Monitor. (2021). Distribution of institutional overseas investments in the coal industry worldwide as of January 2021, by investing country. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 05, 2026. /statistics/1268001/share-of-global-overseas-investments-in-the-coal-industry-by-country/
Energy Monitor. "Distribution of Institutional Overseas Investments in The Coal Industry Worldwide as of January 2021, by Investing Country." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 5 Nov 2021, /statistics/1268001/share-of-global-overseas-investments-in-the-coal-industry-by-country/
Energy Monitor, Distribution of institutional overseas investments in the coal industry worldwide as of January 2021, by investing country ÌÇÐÄÆƽâ°æ, /statistics/1268001/share-of-global-overseas-investments-in-the-coal-industry-by-country/ (last visited August 05, 2026)
Distribution of institutional overseas investments in the coal industry worldwide as of January 2021, by investing country [Graph], Energy Monitor, November 5, 2021. [Online]. Available: /statistics/1268001/share-of-global-overseas-investments-in-the-coal-industry-by-country/
