UN: Renewable Energy Investment Hits $100 Billion
June 21, 2007
Renewable energy is among the most notable areas when it comes to “green” investment. Among the specific renewable energy opportunities attracting funding are wind power, solar power, and biofuel.
According to a report by the United Nations environment Program (UNEP), investment in renewable energy and energy efficiency is booming.
Investment in renewable energy has soared year on year from 2005 to 2006, rising from $80 billion to $100 billion. The report authors declare that “although still volatile… [growth] is showing no sign of abating.”
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