[open-sustainability] Renewables 2013 Status Report

[Andrew Cox]

Renewable Energy: World Invests $244 billion in 2012,
Geographic Shift to Developing Countries

For only the second time since 2006, global investments in renewable energy
in 2012 failed to top the year before, falling 12% mainly due to
dramatically lower solar prices and weakened US and EU markets, says the
Frankfurt School – UNEP/BNEF report, Global Trends in Renewable Energy
Investment 2013.
There was a continuing upward trend in developing countries in 2012, with
investments in the South topping $112 billion vs $132 billion in developed
countries - a dramatic change from 2007, when developed economies invested
2.5 times more in renewables (excluding large hydro) than developing
countries, a gap that has closed to just 18%.

Frankfurt School – UNEP/BNEF’s Global Trends in Renewable Energy Investment
2013, the 6th edition of the Frankfurt School – UNEP Centre/BNEF report,
based on data from Bloomberg New Energy Finance (www.bnef.com), was
launched on Wednesday, 12 June 2013, together with its sister publication,
REN21’s Renewables 2013 Global Status Report (www.ren21.net/gsr). The 2013
Global Trends in Renewable Energy Investment edition includes a foreword
from UN Secretary General Ban Ki-moon.

The report can be downloaded free of charge at: http://fs-unep-centre.org/
publications/global-trends-renewable-energy-investment-2013
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