Background

A range of issues indicate growing interest by public and private sector organisations in eco-innovative solutions.

  • The global market for sustainable technologies is set to grow to $700 billion by 2010.

  • Green Public Procurement plans have been implemented in UK , France and Sweden and each highlight emerging opportunities for companies with eco-innovative solutions.

  • Walmart, Tesco and Mark & Spencer are implementing high profile eco-innovation programmes

  • The Stern Review highlighted both the threats and opportunities related to climate change

  • A range of entrepreneurs have started their own eco-innovation funds and programmes. These include Vinod Khosla (Sun Microsystems), Bill Gates (Microsoft), Paul Allen (Microsoft co-founder), John Doerr (Google and Amazon), Steve Case (AOL) and Sir Richard Branson (Virgin Group).

  • $US 2.9 billion was invested in cleantech in North America in 2006 (a 78% increase compared to 2005)

  • General Electric's Ecomagination has announced annual investment of $1.5 billion into R&D into cleantech

 

 
   

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