Global trends in sustainable energy investment 2009
Renewable sources accounted for 56 percent of investment dollars, worth $140 billion, while investment in fossil fuel technologies was $110 billion according to this new UN report. It highlights how investment in developing countries in 2008 had surged forward by 27 percent to $36.6 billion, and now accounted for nearly one third of global investments.
Global investment in sustainable energy reached $155 billion in 2008, a modest increase of 5% over 2007. Following several years of over 50% growth, this marks a dramatic slowdown as a result of the global economic downturn. There were some
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