04 Aug '11, 7am

As economy flatlined in 2009/10 UK green goods and services market grew 4.3% to £117bn, global market up 3.1% to £3.2tr

The UK grabbed a £117bn share of the £3.2 trillion green goods and services market in 2009/2010, according to new government figures published earlier this week that show the environmental sector continued to defy the economic downturn. The UK's total green goods and services market grew 4.3 per cent year-on-year, expanding by £4.8bn during 2009/10. FURTHER READING Green taxes fall, despite pledge to step up environmental levies UK emissions flat-lining, warns climate committee Significantly, the growth of the UK market exceeded the 3.1 per cent increase experienced globally, confirming the UK increased its share of the fast-expanding market. The performance puts the UK's Low Carbon and Environmental Goods and Services (LCEGS) sector as the sixth largest in the world, behind the US at £629bn, China's £427bn, India on £199bn, Japan at £198bn, and Germany's £136bn market. Th...

Full article: http://www.businessgreen.com/bg/news/2099070/government-u...

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