News Update
Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.
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| India favourite destination for clean energy |
| The Hindu, 31 March 2011 |
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Even as Asia continued to be the favourite destination for investors parking money in clean energy projects rising sharply by 33 per cent, India continued its rise as top destination ranking 10th among the G-20 countries and China emerging on the top. Private investments in clean energy in Asia touched $82.8 billion. In 2009, China led the world with $39.1 billion in private investment. In 2010, private investment grew a further 39 per cent to $54.4 billion - well above the region's growth rate putting China in number one position.
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