Singapore, 26 January 2018 – The rising threat of climate change and the need for sustainability are driving an increase in renewable energy (RE) investments. PwC’s new report highlights the substantial investment in RE in 2016 during which renewable energy attracted USD 241.6 billion of new investments globally. RE also accounted for 42 per cent of infrastructure deals completed globally by private funds in 2016. The report, ‘The next frontier for infrastructure investments’, notes that significant RE investments by private funds globally are still going to technologies such as wind and solar power.