After years of uninterrupted increases, the world appears to be headed toward a second straight year of shrinking cleantech investment.
While total investment into clean energy fell in 2012, governments and corporations actually increased research and development spending a bit.
Cleantech will continue to thrive, but not at the levels seen before the financial crisis of 2007-2008, say industry experts.
A big third-quarter pullback in clean energy investment suggests 2012 could break a long string of annual increases, Bloomberg New Energy Finance reports.
Next 10 says the 2012 California Green Innovation Index shows how cleantech investment and innovation are helping drive growth in California’s overall economy.
After making huge gains in 2010, U.S. cleantech venture investment fell 4.5 percent in a tough 2011 economy, Ernst & Young reports.
In a record breaking 2011, a new cast of players took leadership spots in making clean energy investment happen, including the U.S. Federal Financing Bank.