Green technologies: the new engine for economic growth

There is growing awareness of the importance of green technology for the environment :

• energy conservation
• resource conservation, especially fossil fuels
• greenhouse gas emissions and climate change
• recycling of waste

Less appreciated is that green technology makes sense economically too. It has the potential to kick-start a stagnant world economy by:

• creating jobs
• stimulating high-tech investment
• enhancing manufacturing efficiency and competitiveness

The stakes could hardly be higher:

• in the short term, an impetus to the global economy
• in the longer term, sustainable development that is energy-saving, resource-conserving, and environmentally sound