UNEP report details surprising green energy investment trends worldwide

United Nations Environment Programme
Nairobi / Paris

2009Some $155 billion was invested in 2008 in clean energy companies and projects worldwide, not including large hydro, a new report launched today says.

Of this $13.5 billion of new private investment went into companies developing and scaling-up new technologies alongside $117 billion of investment in renewable energy projects from geothermal and wind to solar and biofuels.

The 2008 investment is more than a four-fold increase since 2004 according to Global Trends in Sustainable Energy Investment 2009, prepared for the UN Environment Programme’s (UNEP) Sustainable Energy Finance Initiative by global information provider New Energy Finance.

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