By Julia Pyper, Greentech Media.
Emerging economies attracted record levels of clean energy investment last year, surpassing investment in wealthier nations for the first time ever, according to a new report by Bloomberg New Energy Finance (BNEF).
In 2014, the 55 developing nations studied in the Climatescope reportbrought in $126 billion in clean energy investment -- up $35.5 billion, or 39 percent, from 2013 levels.
These countries installed a total of 50.4 gigawatts of new clean energy capacity last year -- up 21 percent from 2013. In another first, renewable energy capacity deployed in emerging markets surpassed the amount deployed in wealthier OECD countries.