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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

A report released by the World Economic Forum during its annual meeting in Davos warns that to have a chance of limiting the average increase in global temperatures to 2°C, a level which an increasing number of experts already considers unsafe, at least US$515 billion per year will need to be invested in clean energy globally between now and 2030.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Renewables account for approximately 10-15% of the global energy infrastructure investment and according to New Energy Finance renewables have been hit hard by the global recession with a 47% in Q1 2009 vs. Q1 2008 ($13.3 The US is in a race for global dominance in the new energy economy with China. Billion vs. $28.3

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