‘$90bn invested in energy efficient buildings in 2014’
Source: Energy Live News
A total of $90 billion (£60bn) was invested in energy efficient buildings sector last year.
That’s according to a new report which states the International Energy Agency predicts the figure will grow substantially in the next decade, especially as policymakers target these kinds of projects as a cost-effective way to reach climate change goals.
The report published by financial services firm Standard & Poor’s adds: “Investors are becoming increasingly interested in low carbon investment opportunities – such as energy efficiency projects – which for their part are looking to attract financing.”
On renewable energy projects such as onshore wind and solar the report adds they have “reached a maturity level in the past 15 years”, enabling investors to make “timely and full repayments on debt”.