On April 17, the Pew Charitable Trusts released its report Who’s Winning the Clean Energy Race: 2012 Edition which studied the clean energy investment trends by G-20 nations. The study found that the world installed 88 gigawatts of capacity in 2012 despite global clean energy investment being down 11 percent from the year before. In the Americas, clean energy financing totaled $50.3 billion in 2012, down 31 percent from 2011 levels. The U.S. specifically had $35.6 billion in investment in 2012. The report identified China as the clean energy investment leader with $65.1 billion.