RECORD INVESTMENT IN RENEWABLE ENERGY
Worldwide investment in renewables surged 17% to $270 billion in 2014, bringing the total invested in renewable energy to $2 trillion over the past 10 years, according to UNEP. The UN environment programme’s latest annual report, Global trends in renewable energy investment, says record investments in offshore wind projects across Europe, combined with major expansion of solar installations in China and Japan contributed most to the increased capacity in 2014 and helped reverse a two-year decline in investment.