Welcome ! As a young French Marketing professional with a Master's in International Management I have been selecting since January 2007 the latest headlines and best researches on sustainable development, climate change, cleantech and the world energy sector. Sounds great ? Don't hesitate to subscribe now !
Worldwide, 66 billion USD invested in renewables
I continue my series on the various investments realized in renewables as the Worldwatch Institute released a report giving some data on this topic.
According to this NGO, global investments in these various energy sources might reach 66 billion USD in 2007, a sharp increase over 2005 and 2006.
The State of the World 2008 Report also provides a lot of invaluable data and I propose you an overview of the most interesting facts in today’s article.
First and foremost, what anglo-saxons refer to as Big Business (large multi-national companies) is beginning to realize that being environmentally friendly and start decreasing greenhouse gases emissions enables to make huge sums of money in the process.
As the Worldwatch Institute notes, DuPont saved 3 billion USD while decreasing its pollution by 72 percent compared to 1991 levels. An interesting prospect that will certainly interest more and more companies.
Also worth noting, carbon trading agreements are witnessing a boom as it tripled between 2006 and 2005, to reach 30 billion USD at the worldwide level.
A thing that seriously
The report also notes that, according to the World Bank, some 39 countries experienced a decline of 5 percent or more in wealth when accounting measures also included environmental losses, such as unsustainable forest harvesting, depletion of non-renewable resources, and damage from carbon emissions. For 10 countries, the decline ranged from 25 to 60 percent.
What if now GDP was considering environmental losses ? This could seriously trigger governments worldwide to work more seriously on these issues.
And you, what do you think about this news ?
Source :
- Actu Environnement [Fr] : 66 milliards de dollars ont été investis dans les ENR en 2007
Further reading :
- Worldwatch Institute : State of the World 2008, Innovations for a Sustainable Economy
Related posts:
- Investments in renewables could hit $750bn by 2016
- IEA expects oil crunch worldwide
- Another study urges us to act fast
- Two news on Chinese energy for the price of one
- Mexico invests three billion USD in wind energy
|
Please subscribe to the RSS feeds ( What is RSS ? ) or by Email to receive the latest articles on your computer for free.
|
 |
If you liked this article, please share it with your favorite social bookmarking website : | Tweet | Share |
