Climate Investment Opportunities in Emerging Markets
International Finance Corporation (IFC)
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Abstract: A dramatic drop in the price of clean technologies and the rise of smart policies are driving businesses to climate-smart investments. 2015 was another record-breaking year for investment in new wind power,solar power,and hydropower plants: 152 gigawatts (GW) of renewable energy became operational,and global investment in clean energy increased to $348.5 billion – more than twice as much as coal- and gasf ired power generation. Global energy-efficiency potential is large and growing – governments and business invest more than $300 billion each year to improve the efficiency of power grids,transport,industry,and buildings. The global green buildings market continues to double in size every three years. Climate-smart agriculture is also a growing private sector opportunity,as companies seek to increase crop resilience and food productivity,as well as their profits.