Investment in sustainable energy has skyrocketed in recent years Thousand Million US$
Investment in Sustainable Energy
250
+540% since 2004
200
150
100
50
0
Source: Bloomberg New Energy Finance
2004
2005
2006
2007
2008
2009
2010
The greening of the energy sector—moving away from carbon-intensive energy sources and improving efficiency—is a rapidly growing business. Global investment in renewable power and fuels set a new record in 2010, and the margin over totals for previous years was wide. Investment totaled US$ 211 thousand million in 2010, up 32% from US$ 160 thousand million in 2009, and nearly five and a half times the 2004 figure. For the first time, new investment in utility-scale renewable energy projects and companies in developing countries surpassed that of developed economies (UNEP 2011d).
80