Hi friends, this is a valuable article for all public relations professionals working in the clean energy area, a specialty for the Sydney PR company, the Wilkinson Group.
China and developing world beat Europe in green investment
July 11, 2011 by Mehreen Khan
Developing countries invested more in renewable energy than their developed counterparts for the first time last year, according to a report commissioned by the UN Environment Programme (UNEP).
Investment in large-scale renewable projects such as solar and wind farms totalled $72 billion in the developing world, outstripping industrialised economies by $2 billion in 2010. China accounted for 70 per cent, pumping $50 billion into clean energy projects, mostly in the form of wind technology. Excluding the BRIC countries, the Middle East and Africa saw the biggest jump in investment, doubling to $5 billion.
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