The Moment for Renewable Energy Has Arrived | Global Rights Blog

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2014 was an excellent year for investments in renewable energy globally, especially for developing countries. According to the United Nation’s Environment Program’s (UNEP) last report, after two straight years of falling investment in renewables, it recovered in 2014 and increased by 17% reaching 270 billion USD. In fact, renewable energy currently makes up 9.1% of the energy produced globally, as opposed to 8.5% in 2013. This investment in renewable energy includes technologies sensitive to socioenvironmental indicators, like solar, wind, geothermal, and biomass energy and leaves out investment in energy sources like large hydroelectric dams, given that they have the potential to have negative socioenvironmental outcomes in certain countries.

Source: The Moment for Renewable Energy Has Arrived | Global Rights Blog