Facebook Sets Record As It Invests $8 Billion In Wind, Solar Projects

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Leading social media platform, Facebook, has invested US$8 billion in renewable energy projects around the world.

In a post on his Facebook page, Thursday, ahead of the World Earth Day which falls on April 22, each year, CEO and Founder of Facebook, Mark Zuckerberg said his company’s operations are now 100 percent supported by renewable energy.

“We’ve reached net zero emissions for our operations and we’re one of the largest buyers of renewable energy in the world, resulting in US$8 billion in 63 wind and solar projects around the world, creating tens of thousands of jobs,” he said.

“Thanks to our team and partners who helped reach this goal,” his post concluded.

The International Renewable Energy Agency estimates that investment in renewable energy is expected to reach 131 trillion by 2050.

This is aimed at addressing issues of climate change.