Published on January 2nd, 2010 | by Zachary Shahan0
Clean Tech Investors Have Faith in 2010
Even without a strong, legally binding agreement in Copenhagen, investors have faith in clean tech and say that a couple of other things are more important than the international agreement for 2010 clean tech investment.
Jefferies, a major global securities and investment banking group, released the results of its 2009 clean tech investor survey recently. The survey was conducted at the firm’s “8th Global CleanTech Conference” in London where there were more than 200 institutional investors managing over $400 billion in assets.
More important than the results of Copenhagen, investors believed that continued government subsidies (which were already happening and leading things in the right direction) and general recovery of broader financial markets would be the most important factors for clean tech investment in 2010.
With confidence that government subsidies will remain the same or increase, investors have confidence in the clean tech sector, in general.
Of course, a strong international treaty would help to increase government support in countries around the world, but investors believe that even without this, clean tech is moving forward and will continue to do well in 2010.
Image Credit: AMagill via flickr under a Creative Commons license