Global Clean Power: A $2.3 Trillion Opportunity, a research report published by PEW Charitable Trust examines three policy scenarios for future growth in clean energy investment, all of which present opportunities for the G-20 overall and for each nation comprising it.

The three scenarios modeled in this report are as follows:

Current Policies – This scenario assumes G-20 countries do not adopt any new climate or clean energy policies beyond those currently in effect.

Copenhagen Policies –This scenario assumes G-20 countries adopt and implement the policies required to meet pledges made pursuant to the United Nations Framework Convention on Climate Change Conference of the Parties (UNFCCC COP) in Copenhagen, Denmark, in 2009.

Enhanced Clean Energy Policies – This scenario assumes that G-20 countries pursue enhanced clean energy policies in order to further reduce greenhouse gas emissions and maximize clean energy investments.

These scenarios were developed in collaboration with Pew’s research partner, Bloomberg New Energy Finance, the world’s leading provider of data and analysis on clean energy finance and investment. For this report, Bloomberg New Energy Finance used its Global Energy and Emissions Model (GE2M) to project G-20 asset financing for renewable energy technologies used to generate electricity. Asset financing is associated with the construction/installation of clean energy equipment and generating capacity. This report looks exclusively at asset financing for wind, solar, biomass and energy from waste, small hydro, geothermal and marine technologies because these investments can be reliably modeled into the future (unlike technology innovation or IPOs)2.

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