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Climate change investment falls for second year in 2013

2014-11-22 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Global investment in tackling climate change fell for a second year in 2013 to $331 billion, largely due to a drop in the cost of solar power technology, according to an annual report on climate finance. Overall, the world is falling further and further behind its low-carbon investment goals, warned the Climate Policy Initiative (CPI), a research and advisory group. "Our analysis shows that global investment in a cleaner, more resilient economy is decreasing, and the gap between finance needed...

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