Eco News

The investments in renewable energy sources reached, last year at 148 billion dollars, funding supported by the United Nations Programme for Environment (UNEP). Compared with the previous year, the data confirms an increase of 60 percent in this sector.

The report of a UNEP study shows that this growth is the direct consequence of forecasts of climate change as well as a increase the price of oil, which generated a real “global race after the green energy”.

Funding sources of wind energy has attracted in 2007, the most funds, standing at 50.2 billion dollars. In solar energy was invested 28.6 billion dollars, and in biofuels 2.1 billion dollars, with less than a third in 2006.

Most funds have been used in Europe and USA In China, India and Brazil investment in green energy sources have reached 26 billion U.S. dollars, from 1.8 billion dollars in 2004.

Achim Stelner, Executive Director of UNEP, said that the fundamental transformation of global energy infrastructure will continue without any doubt.