RT null T1 Global Trends in Renewable Energy Investment 2016 A1 United Nations Environment Programme, A1 Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance, A1 Bloomberg New Energy Finance, A2 McCrone, Angus A2 Moslener, Ulf A2 d’Estais, Françoise A2 Usher, Eric A2 Byrne, Joseph A2 Mills, Luke A2 Strahan, David A2 Boyle, Rohan A2 Collins, Bryony A2 Stopforth, Kieron A2 Becker, Lisa K1 energy efficiency K1 renewable energy source K1 sustainable energy K1 developing country K1 developed country K1 China K1 India K1 Brazil K1 fossil fuel K1 electric vehicle K1 investment K1 equity K1 venture capital PB Frankfurt School of Finance and Management gGmbH YR 2016 FD 2016 LK https://wedocs.unep.org/handle/20.500.11822/33389 UL https://wedocs.unep.org/handle/20.500.11822/33389 NO Renewable energy set new records in 2015 for dollar investment, the amount of new capacity added and the relative importance of developing countries in that growth. All this happened in a year in which prices of fossil fuel commodities – oil, coal and gas – plummeted, causing distress to many companies involved in the hydrocarbon sector. So far, the drivers of investment in renewables,including climate change policies and improving cost-competitiveness, have been more than sufficient to enable renewables to keep growing their share of world electricity generation at the expense of carbon-emitting sources.The following renewable energy projects are included: all biomass and waste-to-energy, geothermal, and wind generation projects of more than 1MW; all hydropower projects of between 1MW and 50MW; all wave and tidal energy projects; all biofuel projects with a capacity of one million litres or more per year; and all solar projects, with those less than 1MW estimated separately and referred to as small-scale projects, or small distributed capacity, in this report. DS UN Environment Document Repository RD Sep 17, 2026