Knowledge for better food systems

Global Investments in Green Energy Up Nearly a Third to $211 Billion

Wind farms in China and small-scale solar panels on rooftops in Europe were largely responsible for last year's 32% rise in green energy investments worldwide according to the latest annual report on renewable energy investment trends issued by the UN Environment Programme (UNEP).  Last year, investors pumped a record $211 billion into renewables -- about one-third more than the $160 billion invested in 2009, and a 540% rise since 2004.

Wind farms in China and small-scale solar panels on rooftops in Europe were largely responsible for last year's 32% rise in green energy investments worldwide according to the latest annual report on renewable energy investment trends issued by the UN Environment Programme (UNEP).  Last year, investors pumped a record $211 billion into renewables -- about one-third more than the $160 billion invested in 2009, and a 540% rise since 2004.

For the first time, developing economies overtook developed ones in terms of "financial new investment"--spending on utility-scale renewable energy projects and provision of equity capital for renewable energy companies. On this measure, $72 billion was invested in developing countries vs. $70 billion in developed economies, which contrasts with 2004, when financial new investments in developing countries were about one quarter of those in developed countries.

You can read a Science Daily article covering the report here:

Or download the UNEP report here:

 

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