Why clean energy investments for the future

Written by admin on March 18th, 2010

Henry David Thoreau once said, is Thank God men can not fly, and to waste the sky and the earth. This word is not only the growing violence in the minds of millions of people around the world, but also highlights the fact that we have significantly affected the planet and it is time to act.

Cleantech is one of the steps we have taken taxation to reduce our dependence on environmentally friendly technologies. Cleantech is a collection of clean technologies that have minimal environmental impact. Focuses on the use of natural resources such as solar, biofuels and other renewable energy technologies.

Despite the investment of large industrial countries like the U.S. easy to clean energy, developing countries are also pouring billions of dollars in clean technologies. China is a pioneer in Cleantech investment, with many Chinese venture capitals, funds and companies are investing big time in clean technology.

The first investor in 2007, the European Investment Bank (EIB) ($ 3.2 million), followed by the World Bank ($ 1.43 million), the European Bank for Reconstruction and Development (EBRD) ($ 1, 21 billion) and the Office of Energy Efficiency and Renewable Energy at the U.S. Department of Energy ($ 0.91bn).

These top 4 lenders accounted for 81% of investment agencies in clean energy development in 2007 (total of 32 bodies have been analyzed).

Other notable investors in clean energy in this area include the African Development Bank ($ 0.38bn), the Development Bank of Japan (0.35bn), the Nordic Investment Bank ($ 0.28bn), the Asian Development Bank ($ 0.22bn) and the Global Environment Facility ($ 0.17bn). However, the European Investment Bank with renewable energy obligations of $ 3.2 million in 2007 is solely responsible for 39% of total investment in clean energy by international development organizations.
Each organization of clean energy investments can be divided into two main areas: energy efficiency and renewable energy (excluding large hydro 50 MW). In general, renewable receive more funds, except for loans from the EBRD, where energy efficiency was 89% ($ 1.08bn) of total investments. This was the result of an increased effort on the efficiency of conventional power plants in Eastern Europe to harmonize with EU environmental standards and strong investment in the energy industry, including modernization of iron and steel ($ 75), cement plants ($ 28 million) and glass ($ 42.5) in Russia and Ukraine.

As the population continues to grow, there is heavy reliance on fossil fuels to produce electricity and the need for energy increases with every moment, especially in developing countries. The fact that some 1.6 billion people lack access to electricity worldwide scorned.
Energy is also a very important part of the climate change equation. , 80% of global CO2 emissions from energy production and use.

Apart from massive investment in clean energy, requires a gradual conversion of the existing infrastructure of energy supply. There must be a concerted effort by governments of all countries of new clean energy companies to promote and market existing ones, with promising technologies. The approach also should be on energy consumption. The end user must be in conservation methods possible to reduce the impact on power generation to education.

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