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News and Analysis > News > $515bn per year needed in clean energy investments
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Clean energy opportunities have the potential to generate significant economic returns.
Experts warn against complacency in combating climate change, urging the link of the economy and climate agendas in 2009.
New Energy Finance, which collaborated with the World Economic Forum on the report, warns that unless at least US$ 515 billion per annum is invested in clean energy between now and 2030, carbon emissions will reach a level deemed unsustainable by scientists, causing temperatures to rise by two degrees globally.
A new report published by the world economic forum identifies eight emerging, large-scale clean energy sectors that are expected to significantly contribute in the move to a clean energy infrastructure of the future: onshore wind, offshore wind, solar photovoltaic, solar thermal electricity generation, municipal waste-to-energy, sugar-based ethanol, cellulosic and next generation biofuels, and geothermal power.
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Source: THE WORLD ECONOMIC FORUM
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