Green Technology Investing

Green technology is usually regarded as an enormous and amorphous category, but it is clearly related to “climate change themes.” The 2009 summit on climate change in Copenhagen tried to set a target of ensuring that global warming does not exceed 2 degrees Celsius by cutting greenhouse gas emissions and proliferating the development and deployment of green technology. The goal was to reduce carbon dioxide (CO2) levels as well as to increase energy efficiency. For this, the World Economic Forum (WEF) 2010 Report indicates that under a business-as-usual “Reference Scenario,” global investment on clean energy must reach $500 billion per annum by 2020. On the other hand, the International Energy Agency World Energy Outlook 2009 contains a “450 Scenario” that requires an investment of $38 ...