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Post date: Jan 28, 2010 11:23:53 PM
World Economic Forum in Davos, Switzerland.
Of $177 billion of recovery funds pledged by governments to renewable power and energy-efficiency measures, $25 billion was paid out in 2009 and $60 billion will follow in each of the next two years, the company said in a report released today at the World Economic Forum in Davos, Switzerland.
Total investment this year 2010 in clean energy will likely by $200 billion,
38 percent more than the $145 billion spent in 2009.
US $67bn, China $47bn
The U.S. topped pledges for clean-energy recovery spending with $66.6 billion, followed by $46.9 billion in China, $16.4 billion in South Korea and $8.9 billion in Japan, Bloomberg New Energy Finance said.
source: bloomberg.com
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