UN Says Sustainable Energy Efforts Need Cash Boost

Law360, New York (June 4, 2009, 12:00 AM EDT) -- After years of skyrocketing growth, global investment in sustainable energy increased only slightly in 2008 due to the economic crisis, meaning the sector must take drastic measures to ensure a peak in greenhouse gas emissions by 2020, according to a United Nations report.

Although global investment in sustainable energy reached $155 billion in 2008, it was only a 5 percent increase from 2007, and the sector has a long way to go to to reach previous levels of investment, which included several years of 50 percent...
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