Developing Countries Invest More in Renewable Energy

DYFED LOESCHE | April 11, 2018

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The share of energy extracted from renewable sources worldwide increased year-over-year from 11 percent to more than 12 percent in 2017. According to a report by the Frankfurt School of Finance & Management and the United Nations Environment Programme (UNEP), this amounts to 1.8 gigatonnes less carbon dioxide released into the atmosphere. Also, total investment in this sector rose by two points to close to $280 billion in 2017.

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Fenix International is a next-generation energy and financial services company with a mission to transform our customers’ quality of life through disruptive innovation in energy and financial services.

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