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.
Energy Manager News
- Clauses to Consider in Green Leases
- Bahama Yacht Club to Generate Power from Solid Waste
- Duke Energy, USF Launch Solar Battery Research Initiative
- Energy Storage Helps Hotel Reduce Demand Charges by 10%
- EU Smart Campus Pilot Achieves 30% Energy Savings
- Uline to Operate 130 GenDrive Fuel Cell Units from Plug Power
- Los Angeles Shopping Center Installs 504 kW Solar
- SustainCo Wins $575,000 Contract for Energy Management Controls