By Stephen Lacey | Greentech Media
Between 2012 and 2013, the amount of money invested globally in climate change mitigation and adaptation dropped by $28 billion.
At a time when scientists say we need to start seeing a dramatic surge in zero-carbon energy sources, the drop seems like bad news.
It’s certainly not good by climate action standards. But it’s not as bad as it sounds, either.
According to a new report from the Climate Policy Initiative, the decrease in global climate finance can be largely attributed to the year-over-year drop in the cost of installing solar PV.
