Climatescope2015-1-570x272A new report from Bloomberg New Energy Finance has found that developing nations attracted a record $126 billion in clean energy investment in 2014.

Clean energy investment of $126 billion represents an increase of $35.5 billion, or 39%, on 2013 clean energy investment levels.

Most importantly, however, this figure eclipsed the amount of clean energy investment attracted by the world’s wealthiest countries. On top of that, developing nations made the most out of this investment by building more wind, solar, and other renewable power generation than ever before.

This, according to Climatescope, “the clean energy country competitiveness index, interactive report, and online tool supported by the UK government, US government, and the Inter-American Development Bank Group” and offering “a compelling portrait of clean energy activity in 55 emerging markets in Africa, Asia and Latin America and the Caribbean” including “major developing nations China, India, Pakistan, Brazil, Chile, Mexico, Kenya, Tanzania and South Africa.”

This is the second edition of Climatescope — which was originally announced back towards the end of 2013 — the first edition highlighting the tremendous surge in clean energy throughout the […]

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