Private Investments In Green Sectors Top $2 Trillion
Ethical Markets Media released their February 2011 Green Transition Scoreboard® tracking private investments since 2007 in green companies and technologies globally. The investments now total more than $2 trillion.
The Green Transition Scoreboard® (GTS) represents time-based, global research of non-government investments and commitments for all facets of green markets.
This update is significant because many studies indicate that investing $1 trillion annually until 2020 will accelerate the Green Transition worldwide. The updated 2010 finding puts global investors and countries on track to reach the goal of $10 trillion in investments by 2020.
“This new total is remarkable in spite of economic uncertainty,” says Hazel Henderson, former US government technology advisor and president of Ethical Markets Media. “It indicates that the global transition away from the 300-year fossil-fueled Industrial Era is accelerating toward the cleaner, greener, information-rich economies of the 21st century.”
Timothy Nash, Senior Advisor to Ethical Markets Media, adds, “This over $2 trillion total does not include nuclear, ‘clean’ coal or CCS, nor biofuels from food or agricultural sources, which we consider unsustainable.”
View the full report here.
Ethical Markets Media is an independent, multi-media company analyzing and reporting daily news of the global green transition and responsible, ethical investments and companies worldwide. As part of its research, it released its latest BEYOND GDP Survey in 12 countries with London- and Toronto-based Globescan on January 21, 2011.