Global investment in renewable energy reached record levels in 2015, according to a new report from the UN Environment Programme (UNEP) and Bloomberg New Energy Finance (BNEF). More surprisingly, perhaps, the report shows that the $286bn poured into green energy was more than double the spending on coal- and gas-fired power. It also shows, for the first time, that more renewable power capacity was added than other sources and that renewable energy investment was mostly in developing countries. Carbon Brief runs through the key findings in seven charts.
Carbon Brief 24th March 2016 read more »
BBC 24th March 2016 read more »
Global investment in coal and gas-fired power generation plants fell to less than half that in renewable energy generation last year, in a record year for clean energy. It was the first time that renewable energy made up a majority of all the new electricity generation capacity under construction around the world, and the first year in which the financial investment by developing countries in renewables outstripped that of the developed world.
Guardian 24th March 2016 read more »