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sefi_environemt investment_report_2007

sefi_environemt investment_report_2007

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UNITEDNATIO
NSENVIRONME
NTPROGRAMME
ENDORSED BY

GLOBAL TRENDS IN
SUSTAINABLEENERGY
INVESTMENT2007

Analysis of Trends and Issues
in the Financing of
Renewable Energy and
Energy Ef\ufb01ciency in OECD
and Developing Countries

1
Global Trends in Sustainable Energy Investment 2007
Copyright \u00a9 United Nations Environment Programme and New Energy Finance Ltd. 2007

This publication may be reproduced in whole or in part and in any form for
educational or non-pro\ufb01 t purposes without special permission from the copyright
holder, provided acknowledgement of the source is made. UNEP would appreciate
receiving a copy of any publication that uses this publication as a source.
No use of this publication may be made for resale or for any other commercial
purpose whatsoever without prior permission in writing from the United Nations
Environment Programme.

Disclaimer

United Nations Environment Programme: The designations employed and the
presentation of the material in this publication do not imply the expression of any
opinion whatsoever on the part of the United Nations Environment Programme
concerning the legal status of any country, territory, city or area or of its authorities, or
concerning delimitation of its frontiers or boundaries. Moreover, the views expressed
do not necessarily represent the decision or the stated policy of the United Nations
Environment Programme, nor does citing of trade names or commercial processes
constitute endorsement.
New Energy Finance Ltd: The information contained in this publication is derived
from carefully selected public sources we believe are reasonable. We do not
guarantee its accuracy or completeness and nothing in this document shall be
construed to be a representation of such a guarantee. Any opinions expressed
re\ufb02 ect the current judgment of the author of the relevant article or features, and do
not necessarily re\ufb02 ect the opinion of New Energy Finance Limited. The opinions
presented are subject to change without notice. New Energy Finance Limited
accepts no responsibility for any liability arising from use of this document of
its contents. New Energy Finance Limited does not consider itself to undertake
Regulated Activities as de\ufb01 ned in Section 22 of the Financial Services and
Markets Act 2000 and is not registered with the Financial Services
Authority of the UK. When quoting, please cite \u2018New Energy
Finance Research\u2019.

ISBN: 978-92-807-2859-0, DTI/0985/PA

UNEP promotes
environmentally sound
practices globally and in its own
activities. This publication is printed
on 100% recycled paper, using vege-
table -based inks and other eco-friendly
practices. Our distribution policy aims to
reduce UNEP\u2019s carbon footprint.

ACKNOWLEDGEMENTS

This report was commissioned by UNEP\u2019s Division of Technology,
Industry and Economics (DTIE) under its Sustainable Energy Finance
Initiative and was produced in collaboration with New Energy Finance
Limited.

AUTHORS

Chris Greenwood
Alice Hohler
George Hunt
Michael Liebreich
Virginia Sonntag-O\u2019Brien
Eric Usher

Thanks to the following experts who provided valuable guidance for this
report:
Nick Gardiner, Fortis Bank
Sophie Justice, Royal Bank of Canada
Chris Mottershead, BP

FINANCIAL SUPPORT

Support for this report was provided by the German Federal Ministry for
the Environment, Nature Conservation and Nuclear Safety and by the
United Nations Foundation.

For more information,
seew w w. u n e p . f r
Global Trends in Sustainable Energy Investment 2007
2

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