Environmental Initiatives

Media Inquiries

If you are a journalist and would like additional information, please visit the Media Contacts page.

Media Contacts

Subscribe to News Feeds

Pew offers news delivered to your desktop via RSS feed. Subscribing is easy. To learn more or get started, follow the link below.

Subscribe to News Feeds

For The Record

When Pew’s work is questioned or criticized we respond through letters to the editor or op-eds.

Read Pew's Responses

Who's Winning the Clean Energy Race? 2012 Edition

Report

Download the report

  Who's Winning the Clean Energy Race?  

In less than a decade, clean energy transitioned from novelty products to the mainstream of world energy markets. The sector emerged not so much in a linear fashion as episodic—in fits and starts associated with the worldwide economic downturn, continent-wide debt crises, national policy uncertainty, and intense industry competition. Through it all, however, the clean energy sector moved inexorably forward, with overall investment in 2012 five times greater than it was in 2004.

Although 2012 investment levels worldwide declined 11 percent, to $269 billion, the clean energy sector weathered the withdrawal of priority incentives and initiatives offered by governments in numerous key markets, demonstrating its resilience. Reliable clean energy investment data have been collected for nine years now. Looking at the data in three-year increments, average clean energy investment increased by at least $90 billion triennially—from an average of $64 billion in the 2004-06 period to an average of $156 billion in 2007-09 and $245 billion in 2010-12.

Beyond its resilience, the clean energy sector also continues to demonstrate dynamism as the cost of wind, solar, and other sources declines in the global marketplace. Individuals, businesses, and countriesseeking clean, secure, and affordable sources of power and fuel are finding clean energy an increasingly attractive alternative to conventional sources, which are unpredictable in price and generate local, regional, and global air pollutants. As a result, economic, environmental, and security imperatives are driving clean energy deployment forward.

Who’s Winning the Clean Energy Race: 2012 Edition documents how the old order is changing technologically and geographically. Clean energy is gaining ground in the global energy mix. Even as several pioneering countries have stumbled, new markets have opened, and the center of gravity for clean energy investment has shifted from West to East.

English:

Chinese:

 

Related News and Resources

  • China.org.cn: China Remains Leading Destination for Clean Energy Investment

    • Media Coverage
    • Apr 04, 2014
    China remains the leading destination for clean energy investment in 2013 as global investment kept declining in 2013, according to a report released on Thursday.

    More

  • Bloomberg: Clean-Energy Investment Rises in 3 Countries Amid Global Decline

    • Media Coverage
    • Apr 03, 2014
    Three G-20 nations saw an increase in clean-energy investments last year even as funding declined globally for the second consecutive year, according to The Pew Charitable Trusts.

    More

  • Pew Report Finds That Global Clean Energy Investment Declined in 2013

    • Press Release
    • Apr 02, 2014
    Global clean energy investment fell 11 percent to $254 billion, and renewable power generating capacity additions declined by 1 percent in 2013, according to research released today by The Pew Charitable Trusts. The report, Who's Winning the Clean Energy Race? 2013 Edition, finds that among the world's top industrialized economies, known as the Group of 20, or G-20, China remains the leading destination for investors.

    More

  • Who's Winning the Clean Energy Race? 2013

    • Report
    • Apr 01, 2014
    For the past five years, Pew has tracked investment and finance trends in the world’s leading economies. Over that period, the clean energy industry has been buffeted by a global recession, broad changes in energy markets, and uncertainty surrounding international policies on clean energy and climate change. Despite these challenges, the clean energy sector is now an annual $250 billion component of the world economy.

    More

  • Liquid Inspiration: ARPA-E Grantee Attracts Private Investment

    • Video
    • Mar 31, 2014
    Founded on the MIT campus, Ambri is developing a liquid battery to commercialize a viable electricity storage product. David Bradwell, chief technology officer and co-founder, and Phil Giudice, CEO, discuss how this innovation could revolutionize energy distribution and the importance of federal and private investment.

    More

  • Pew Webinar: Who's Winning the Clean Energy Race?

    • Event
    • Mar 27, 2014
    On Thursday, April 3, at 11 a.m. EDT, The Pew Charitable Trusts will release its report Who’s Winning the Clean Energy Race? 2013 Edition.

    More

X
Sign In

Member Sign In

Forgot Password?
Submit Not a Member? Join!
X

Forgot Password?

Send Password Not a Member? Join!
X

Change Password

X
(All Fields are required)
Send Message
Share this on: