
According to Bloomberg New Energy Finance, renewable energy, energy efficiency and smart energy techology investments have surpassed the $1 trillion mark globally.
Records related to green energy investment have been compiled since the year 2004 by Bloomberg, and while the exact date when the one trillionth dollar was invested is unclear, confidence is high that the investment was made in the last two weeks of November.
The investments made during that time period were Rhodia Energy securing $60.5 million in debt for a biomass plant, China Huadian Corporation financing a wind farm in Fuji, Marena Renovables Capital obtaining a debt from the Inter-American Development Bank toward development of a wind farm in Mexico and the Moroccan Agency for Solar Energy receiving debt financing for a solar thermal project.
"The trillionth-dollar milestone shows that the world is not waiting for a deal on climate in order to start turning the super-tanker away from fossil fuels,” said Michael Liebreich, Bloomberg New Energy Finance chief executive. “It should serve as a message to the UN and all those in Durban to stop obsessing about a binding deal to cap carbon emissions, and to think much harder about how to speed up investment in the solutions. Another five years of investment growth at the same compound rates, and the world will have broken the back of emissions growth.”
The United States recently slipped behind other countries, including China and Canada, in green energy investment, but is continuing to develop projects to supply jobs to Americans in the renewables industry, according to the Chicago Tribune.

