06 Sep '11, 12pm

Private Sector Accounts for $2.4 Trillion in Green Investment Since 2007

The private sector has invested over $2.4 trillion in green companies and technologies since 2007, according to the latest figures of Ethical Markets Media. Further, the group anticipates investments and commitments of $1 trillion annually until 2020 - the amount many studies indicate is necessary to successfully accelerate a global transition to a green economy. Their Green Transition Scoreboard calculates all the investments made by entities other than government. In an otherwise flat market, Corporate R&D and Cleantech M&A are driving much of the green economic growth this year. "This updated total is noteworthy, as it comes in spite of economic uncertainty," says Hazel Henderson, President of Ethical Markets Media and creator of the Green Transition Scoreboard. This is the first GTS report that includes R&D under $100 million, according to Timothy Nash, lead researcher...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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