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Montevideo, November 22nd 2024 - 09:50 UTC

Tag: Achim Steiner

  • Wednesday, April 9th 2014 - 19:44 UTC

    Renewable energy keeps advancing despite a drop in overall investment

    The falling cost of solar photovoltaic systems was partly responsible for a lesser sum of investment.

    Renewable energy's share of world electricity generation continued its steady climb last year despite a 14% drop in investments to 214.4 billion dollars, according to a new report released on Monday and produced by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, the United Nations Environment Program (UNEP) and Bloomberg New Energy Finance.