Thursday, March 24, 2016

Seven Charts Show How Renewable Investment Broke Records in 2015

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.
Global new investment in renewable energy by asset class, 2004-2015, $bn. Year on year growth is shown above the chart. (Credit: Bloomberg New Energy Finance/UNEP Global Trends in Renewable Energy Investment 2016) Click to Enlarge.

Carbon Brief runs through the key findings in seven charts.
  • Record renewables
  • Low-carbon takes over
  • Majority stake
  • Rising share
  • Developing world dominates
  • China’s surge
  • Falling costs

Read more at Seven Charts Show How Renewable Investment Broke Records in 2015

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