Total global investment in renewable energy technologies was 25% higher in 2006 than the year before, topping $100 billion, according to a United Nations Environment Programme analysis.
The majority of that money - $71 billion - was invested in companies and new sector opportunities, 43% more than the year before. Another $30 billion came from mergers, acquisitions, buyouts, and asset refinancing.
Most of the investments are going towards wind power, solar energy, and biofuels, with $28 billion invested in new generating capacity.
To read the report, visit www.unep.org/pdf/SEFI_report-GlobalTrendsInSustainableEnergyInverstment07.pdf.