Illustration: Sarah Grillo/Axios

The financial toll brought on by the coronavirus pandemic could hinder plans for countries' ambitious renewable energy goals, as jobs disappear amid strict nationwide lockdowns.

Driving the news: Milestones for low-carbon energy policies in China, India and the European Union, which were all expected to drive new projects this year, are scheduled to expire soon.

The big picture: The growth previously forecast for global solar and wind projects is expected to be "wiped out" this year and instead round out to about the same as it was in 2019, consultancy Rystad Energy said in March. Next year will be even worse, with a 10% cut in solar and wind ventures compared to 2020 as investments and construction shrink.

Where it stands: In the face of this projected wipeout, deadlines for renewable-energy plans are fast approaching, writes Heymi Bahar, a top International Energy Agency analyst.

Threat level: More than 106,000 U.S. workers in energy efficiency, renewable power, alternative fuels, electric cars and other related sectors lost jobs in March, a BW Research Partnership report published last week found.

The other side: Especially relative to oil and natural gas, wind and solar farms are relatively stable and low-risk investments — which "could give them a financial boost in coming months and years," the Wall Street Journal notes.

What we're watching: "Global recession is quickly becoming the base case assumption as the scope and scale of quarantines continue to expand, but the impacts on the trajectory of the energy transition remain nascent," consultancy Wood Mackenzie said in its weekly note on the pandemic's effect on clean energy.

Go deeper: The impact of coronavirus spans the energy universe

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Updated 2 hours ago - Health

World coronavirus updates

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Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand Prime Minister Jacinda Ardern announced all domestic pandemic restrictions will be lifted from midnight Monday and those in Auckland will be eased late Wednesday.

The big picture: Ardern delayed the country's election until Oct. 17 as authorities work to stamp out a coronavirus cluster in Auckland, after the virus' re-emergence in NZ. There have been single-digit or zero domestic cases in NZ's most populous city since the government reintroduced restrictions.

Updated 49 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11:30 p.m. ET: 30,919,638 — Total deaths: 959,332— Total recoveries: 21,152,996Map.
  2. U.S.: Total confirmed cases as of 9:30p.m. ET: 6,799,141 — Total deaths: 199,474 — Total recoveries: 2,590,671 — Total tests: 95,108,559Map.
  3. Politics: Testing czar on Trump's CDC contradictions: "Everybody is right" Ex-FDA chief: Career scientists won't be "easily cowed" by political vaccine pressure.
  4. Education: What we overlooked in the switch to remote learning.
  5. Health: The dwindling chances of eliminating COVID-19 — 7 states set single-day coronavirus case records last week.
  6. World: England sets £10,000 fine for breaking self-isolation rules — The countries painting their pandemic recoveries green.
Aug 1, 2020 - World

Mexico reaches third-most coronavirus deaths worldwide

A coronavirus testing site in Mexico City, Mexico. Photo: Gerardo Vieyra/NurPhoto via Getty Images

Mexico on Saturday surpassed the United Kingdom to become the nation with the third-most coronavirus deaths, per Johns Hopkins University.

By the numbers: The U.S. and Brazil lead COVID-19-related death counts, with over 153,600 and 92,400, respectively as of Saturday. But Mexico's 46,688 deaths inched past the U.K.'s 46,278, with Mexican officials reporting 688 new deaths on Friday alone.

  • Mexico is only sixth in total number of coronavirus cases. Countries with higher case counts include U.S., Brazil, India, Russia and South Africa.