26 Jun '11, 1am

Investing in Green Economic Growth

A report by the UN Environment Program (UNEP), indicates that a relatively small investment by governments can go a long way towards helping the green economy to grow. According to Pavan Sukhdev, head of UNEP's Green Economy Initiative: "Governments have a central role in changing laws and policies, and in investing public money in public wealth to make the transition possible. By doing so, they can also unleash the trillions of dollars of private capital in favor of a green economy." An investment of 2 percent of the global gross demestic product ($1.3 trillion), could generate momentum toward a low-carbon world. Investing in the greening of sectors such as construction, energy and fishing could jump start the new green economy. "Investing 2 per cent of global GDP into 10 key sectors can kick-start a transition toward a low-carbon world," the Nairobi-based agency said in ...

Full article: http://www.solarfeeds.com/the-green-market-blog/17316-inv...

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