Investors worldwide spent less on renewable energy and related technologies last year than in previous years. Global investments in renewable energy fell to $214 billion, down 14 percent from 2012. Venture capital investments in U.S.-based clean-tech companies fell 25 percent in 2013. And for the first time in a decade, China saw a decline in clean energy investment in 2013.
These isolated numbers make it appear as if the clean tech sector is on the decline. But take a deeper dive and it’s clear that there’s a much more complex story at play. In reality, renewable energy is on a strong growth path—and tools are emerging to push the sector even further.
As coastal communities across the United States continue to fall victim to drought, coastal flooding, and other impacts of extreme weather and climate change, leaders at the metropolitan and federal levels are beginning to take action. Yet, Congressional action is an essential but missing piece to comprehensively addressing climate change.
However, Florida's continuing sea-level rise vulnerability suggests Congress may shift its attention to climate impacts.
Regional water concerns are creating significant financial risks due to advanced global commodity trading and energy industries’ high dependence on water.
Our Aqueduct project explores how water risks are already impacting the world’s coal industry, and how risks will change over time.