Developing countries led the trend with a 36% surge at $131.3 billion, followed by China with $83.3 billion, according to a new study by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance. Solar and wind still dominate the field, although geothermal enjoyed a 23% growth. Chances are the momentum will persist, especially if the industry can keep making the technology and the rates it affords competitive, experts say. The global agreement on greenhouse gas reductions that is expected at the United Nations Climate Conference in Paris later this year will hopefully contribute to setting the right regulatory context, nation by nation, for that prediction to come true.
Global investment in renewable energy grew 17% last year
More of Today's Solutions
The Ocean Cleanup removed a record 25 million kilos of plastic in 2025 (and t...
BY THE OPTIMIST DAILY EDITORIAL TEAM In a world where the scale of plastic pollution can feel overwhelming, 2025 brought a milestone worth celebrating: ...
Read MoreAncient nits aid uncovering of human ancestry
To uncover information about ancient genomes scientists have previously relied on fossils of bones and teeth. Alongside ethical issues, the problem with this is ...
Read MoreAlways late? Here’s 7 tips to curb the habit
We’ve all run late before, whether it was because of a missed alarm, couldn't find the right outfit, or getting stuck in traffic. It ...
Read MoreHow Uruguay achieved 98% renewable energy
During the 2000s, as global fossil fuel costs skyrocketed, Uruguay faced a tremendous issue. Uruguay, as a country heavily reliant on foreign oil, found ...
Read More
