Sunday, November 20, 2011

Transitions to Green Economies

Not the U.S., once the leader in more ways than economic growth and envied by the rest, those now growing in filling our needs, as the politics and the greed strangle what this country once was. Isn't the America of not to far back as it collapses further from morals to economic policy and growth!

Governments and private sector accelerating transition to green economy – UN

16 November 2011 – Businesses and governments are accelerating investment in the green sectors of the economy, a United Nations report unveiled today shows, stressing that the trend will facilitate the transition towards a low-carbon, resource-efficient and socially inclusive global economic model.

Investing just two per cent of the global gross domestic product (GDP) in 10 key sectors would kick-start a shift from the current environment-polluting and inefficient economy to a green one, according to the report, entitled Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication and prepared by the UN Environment Programme (UNEP).

“The elements of a transition to a Green Economy are clearly emerging across developing and developed countries alike,” said Achim Steiner, the UNEP Executive Director.

“There are now some nations going further and faster than others, which is in many ways generating a ‘pull factor’ that, if maintained, may bring others along over the coming months and years.”

China is the world’s lead investor in renewable energy, overtaking Spain in 2009 and spending $49 billion last year. Overall, China is committed to spending $468 billion over the next five years, more than double the previous five years, on key industries, including renewable energy, clean technologies and waste management, according to the report. read more>>>

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