Global: Developing world leading new investments in green energy

The developing world has, for the first time, outstripped richer economies in providing new investment in the renewable energy sector, according to a report. And research and development (R&D) funding from government sources, at US$5 billion in 2010, for the first time overtook corporate R&D investment, according to 'Global Trends in Renewable Energy Investment 2011', published by the UN Environment Programme (UNEP) in July, reports