China and developing world beat Europe in green investment |
Developing countries invested more in renewable energy than their developed counterparts for the first time last year, according to a report commissioned by the UN Environment Programme (UNEP). Investment in large-scale renewable projects such as solar and wind farms totalled $72 billion in the developing world, outstripping industrialised economies by $2 billion in 2010. China accounted for 70 per cent, pumping $50 billion into clean energy projects, mostly in the form of wind technology. Excluding the BRIC countries, the Middle East and Africa saw the biggest jump in investment, doubling to $5 billion. Udo Steffens, president of the Frankfurt School …
http://link.ft.com/r/EB8122/HYY3Z0/S3NLI4/6V6EPI/306TG9/ZH/h?a1=2011&a2=7&a3=13 |
|
No comments:
Post a Comment