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Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited
Cleantech sector: new report available on-line
Article Type: News from the net From: Management of Environmental Quality: An International Journal, Volume 19, Issue 3.
New industries to address climate change will be at the forefront of the “cleantech” sector. A new report by UNEP’s Sustainable Energy Finance Initiative (www.sefi.unep.org) estimates that investment in renewable energy has now reached $100 billion and represents 18 per cent of new investments in the power sector.
A recent study performed by the US economist Roger Bezdek concluded that with the right government signals and investments in research and development, renewable energy and energy efficiency industries could create 40 million jobs across the United States alone by 2030.
As part of its work on this issue, UNEP is an active partner with the ILO under its banner “Green jobs” initiative, which supports a concerted effort by governments, employers and trade unions to promote environmentally sustainable jobs and development in a climate challenged world.