The Clean Energy EconomyDecember 15, 2010 No Comments
Global Clean Power: A $2.3 Trillion Opportunity
Source: The PEW Environment Group
Released December 8, 2010
Over the last half decade, the clean energy economy has emerged around the world as a major new opportunity for investment, manufacturing, jobs and environmental protection.
The future trajectory of investments in clean power projects over the next decade will be determined by the strength of policiesadopted by G-20 countries. If clean energy policies are strengthened significantly in the coming years, we project that $2.3 trillion will be invested in clean power assets over the next 10 years, offering companies and countries enormous opportunities to compete for investments, jobs and export markets. Under current policies, however, cumulative investments would only reach $1.7 trillion over the next decade. In other words, strong policies would leverage an additional $546 billion worth of investment.
Global Clean Power: A $2.3 Trillion Opportunity (PDF) examines private investment in clean, renewable energy assets through 2020 under three policy scenarios: Business-as-usual: no change from current policies; Copenhagen: policies to implement the pledges made at the 2009 international climate negotiations in Copenhagen and; Enhanced clean energy: maximized policies designed to stimulate increased investment and capacity additions. The underlying data for this report were compiled by Bloomberg New Energy Finance, the world’s leading provider of news, data and analysis on clean energy and carbon market finance and investment.DATA and ANALYTICS