n 2008, clean technology venture investments in North America, Europe, China and India totaled a record $8.4 billion. The preliminary 2008 total represents the seventh consecutive year of growth in venture investing, widely recognized as a leading indicator of overall investment patterns. China is seen as a major growth market for cleantech investments currently, with a focus on renewable energy technologies.
According to the published research, the top clean technology sectors in 2008 were solar, biofuels, transportation, and wind. Solar accounted for almost 40% of total clean technology investment dollars in 2008, followed by biofuels at 11%.
The 2009 United Nations Climate Change Conference in Copenhagen, Denmark is expected to create a framework whereby limits would eventually be placed on greenhouse gas emissions. Many proponents of the cleantech industry hope an agreement is established there to replace the Kyoto Protocol. As this treaty is expected scholars have suggested a profound and inevitable shift from "business as usual."
According to the published research, the top clean technology sectors in 2008 were solar, biofuels, transportation, and wind. Solar accounted for almost 40% of total clean technology investment dollars in 2008, followed by biofuels at 11%.
The 2009 United Nations Climate Change Conference in Copenhagen, Denmark is expected to create a framework whereby limits would eventually be placed on greenhouse gas emissions. Many proponents of the cleantech industry hope an agreement is established there to replace the Kyoto Protocol. As this treaty is expected scholars have suggested a profound and inevitable shift from "business as usual."
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