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Digital Subscriptions > Cities Today > Cities Today 20 > Clean energy attracted record global investment in 2015

Clean energy attracted record global investment in 2015

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Clean energy investment surged in China, Africa, the US, Latin America and India in 2015, driving the world total to its highest ever figure, of US$329.3 billion, up 4 percent from 2014’s revised US$315.9 billion and beating the previous record, set in 2011 by 3 percent. The latest figures from Bloomberg New Energy Finance show dollar investment globally growing in 2015 to nearly six times its 2004 total and a new record of one third of US$1 trillion, despite four influences that might have been expected to restrain it. Last year was also the highest ever for installation of renewable power capacity, with 64 GW of wind and 57 GW of solar PV commissioned, an increase of nearly 30 percent over 2014.

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Cities without borders How mayors are taking the lead on the migrant crisis - The new role of insurers in resilience planning - Which city will be first to carbon neutrality? -The need for global standards on urban data Cities Today is the only global magazine containing analysis, comment and best practices on sustainable urban development, connecting local governments with public and private sector solutions. With an expert editorial advisory board comprising the World Bank, UN-Habitat, UNEP, and city associations ICLEI, C40, UCLG ASPAC, UCLG Africa, UCLG MEWA, Sister Cities International and FLACMA, the publication highlights the challenges facing city leaders and local governments in mobility, finance, smart technology, health care, energy efficiency, water, sanitation, security and housing

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