Global clean investment attracted a record $329 billion last year

Author:
Ilario D'Amato
1 February 2016

Source: Bloomberg New Energy Finance: Clean Energy Investment

FEBRUARY, 2016: Global clean investment attracted a record US$329 billion last year – about six times the amount invested in 2004 – a new report released by Bloomberg New Energy Finance (BNEF) shows.

According to BNEF’s latest figures, in 2012 and 2013, global clean investment decreased to US$272 billion after the previous record of US$318 billion in 2011. Investment then surged from US$316 billion in 2014 to US$329 billion last year, demonstrating the potential of this sector in curbing climate change.

The record number is even more important in light of the continuous, further decline of solar photovoltaics costs, which means that more capacity could be installed for the same price.

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