Canada ranks 8th for clean energy investments

Posted by admin | Investment | Vendredi 26 mars 2010 2:00

Canada ranked eighth among G-20 members in 2009 global clean energy investments and finance, according to data by The Pew Charitable Trusts. Last year, Canada invested $3.3 billion in the clean energy sector. "The clean energy economy represents one of the greatest economic opportunities of the 21st century and Canada is among the leaders," said Phyllis Cuttino, who directs the Pew Environment Group’s Global Warming Campaign. The $3.3 billion investment in 2009 represented an 80% annual increase. The report tracks and measures global investment activity – ranging from venture capital, initial public offerings from companies seeking to expand, mergers and acquisitions and lending for large-scale projects.
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