unep

China, South Korea lead in green tech funding

China may arguably be the world's biggest polluter, but it seems the country is also the most serious investor in green tech.

A third of its economic recovery package was spent on green-technology investment in the form of high-speed rail trains and infrastructure, wind energy, solar energy, and energy-efficient lighting. It equates to about 3 percent of China's GDP (gross domestic product), according to a new United Nations Environmental Programme (UNEP) book released Wednesday.

The UNEP book, "A Global Green New Deal: Rethinking the Economic Recovery," was published by the UNEP and Cambridge University Press (CUP). … Read more