Global Green Investment Tops $2.4tn
The Green Transition Scoreboard also anticipates green investments and commitments of $1 trillion annually until 2020. Compared to the 2010 findings, global investors are slightly off pace to reach $10 trillion in green investment by 2020, but are still building momentum, the scoreboard says.
The scoreboard tracks five sectors: renewable energy, efficiency and green construction, cleantech, smart grid and corporate research and development. In an otherwise flat market, corporate research and development and cleantech mergers and acquisitions are driving much of the green economic growth, according to the research.
This is the first Green Transition Scoreboard report to include research and development investments under $100 million.
“Deals under $100 million, while barely moving a barometer tracking investments in trillions, are significant as they demonstrate how thousands of different companies believe in the economic soundness of greening industries,” says Timothy Nash, lead researcher for the GTS.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Bridgewater, MA, Gets $231,000 Efficiency Grant
- Biomass Group Studies Role in Clean Power Plan
- Rockleigh Borough Installing LEDs, Low Energy AC
- PHG to Build Big Gasification Plant for Sevier Solid Waste
- Energy Profile of Commercial Buildings Changing
- Smart Meter Market Surging
- Modular Data Centers Cut Construction Costs
- Failure to Build Energy Infrastructure Could Cost New England $5.4B