April 27, 2015: Global Investment in Renewable Energy Rebounds in 2014
Report Shows the First Global Increase in Investment in Three Years
FRANKFURT, Germany — Global investment in renewable energy technologies increased 17 percent to $270 billion in 2014, according to "Global Trends in Renewable Energy Investment 2015," the eighth edition of the report from the United Nations Environment Programme (UNEP). Based on data from Bloomberg New Energy Finance, the report showed the first global increase in investment in renewable energy technologies in three years.
China saw the largest renewable energy investments in 2014, with a record $83.3 billion, which was up 39 percent from 2013. The United States was second at $38.3 billion, up 7 percent on the year but below its all-time high reached in 2011. In third was Japan, at $35.7 billion, 10 percent higher than in 2013 and its biggest total ever.