Over the next seven years the global green market will grow by almost one and a half trillion dollars. According to a new UN report the green market will be worth 2.2 trillion by 2020. This represents a threefold increase from where we are today. Trade in certified products and in environmental goods and services is on the rise but nowhere near where it is expected to be in the coming years.
According to a United Nations Environment Programme (UNEP) report titled Green Economy and Trade-Trends, Challenges and Opportunities, the green market is destined to be a major driver of economic growth.
This growth is forecast to take place in reduced carbon technologies, energy efficiency and renewable energy.The report specifically identifies six economic sectors where green trade opportunities exist: agriculture, fisheries, forests, manufacturing, renewable energy and tourism.
This is good news for countries investing in the green economy and companies engaged in green trade. This is particularly good for nations and companies who are investing in renewable resources.
The surge in green growth is also a boon for developing countries with renewable energy. With the right leadership and a combination of public and private investment, these nations can jump ahead so that sustainable development becomes a very significant driver of economic growth.
© 2013, Richard Matthews. All rights reserved.
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According to a United Nations Environment Programme (UNEP) report titled Green Economy and Trade-Trends, Challenges and Opportunities, the green market is destined to be a major driver of economic growth.
This growth is forecast to take place in reduced carbon technologies, energy efficiency and renewable energy.The report specifically identifies six economic sectors where green trade opportunities exist: agriculture, fisheries, forests, manufacturing, renewable energy and tourism.
This is good news for countries investing in the green economy and companies engaged in green trade. This is particularly good for nations and companies who are investing in renewable resources.
The surge in green growth is also a boon for developing countries with renewable energy. With the right leadership and a combination of public and private investment, these nations can jump ahead so that sustainable development becomes a very significant driver of economic growth.
© 2013, Richard Matthews. All rights reserved.
Related Posts
The Green Economy is the Right Solution for our Troubled Times
Investing in the Green Economy: Leveraging Significant Private Investment through Modest Public Finance
Institutional Investors Pushing for Government Action on Climate Change
Historic Opportunities in the Green Economy
Climate Change as an Investment Risk or Opportunity
British PM Says Investment in the Green Economy is a Competitive Necessity
Global Risks Report 2013: Interconnectedness of the Economy and the Environment
New Support for the Interconnectedness of the Environment and the Economy
The Economics of Ecosystems and Biodiversity
Greentech and Renewables Help the Economy and Create Jobs
Corporate Sustainability is Driving Green the Green Economy
Launching of the New Global Green Economy
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State of Green Business Report 2012
Building Gateways to the Green Economy
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