BISHKEK (TCA) — Despite comprising over 300 million inhabitants and representing 4.9% of the world’s GDP, 17 countries in South and Eastern Europe, the Caucasus and Central Asia represented only 0.5% or USD 0.9 billion of global renewable energy investment in 2014, according to the UNECE Renewable Energy Status Report produced for the first time by the United Nations Economic Commission for Europe (UNECE) and the Renewable Energy Policy Network for the 21st century (REN21) in collaboration with the International Energy Agency (IEA).
Attracting investment represents a major challenge in these countries, despite numerous support schemes and policies for renewable …read more
Source: The Times of Central Asia
