Investment in clean technologies is set to increase over the next 12 months and is unlikely to be unduly hampered by the weak agreement delivered at the Copenhagen Summit earlier this month, according to a major survey of leading investors from investment bank Jefferies.
The survey of 200 clean tech investors representing over $400bn of assets found that respondents believe that continued government subsidies and a general recovery in the credit markets will more than offset any harm done to the sector by politicians' failure to secure a stronger international climate change agreement.
Bruce Huber, head of European clean tech investment at Jefferies, said that the outlook for the European market was particularly impressive.