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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