Cleantech Sector Comes into Focus as COP21 and the Breakthrough Energy Coalition Have Investors Looking toward the Future
Cleantech is a broad term used to describe a diverse range of products, services and processes that utilize renewable materials and energy sources in order to dramatically reduce the use of natural resources and minimize or eliminate harmful emissions and waste. Since coming into the spotlight around the turn of the century, investment in this vital technological sector has grown significantly. In 2007, the United Nations Environment Program reported that wind, solar and biofuel companies received roughly $148 billion in new funding as rising commodity prices and stiffening climate change policies encouraged investment in renewable energy. In a recent article,…