Arab Countries and Multi-Billion Green Investments

What's the religious saying, "From dust thy came to dust thy shall return", very apt as to the once leader on many issues, Us the U.S. of A.!
AFED's Annual Conference in Beirut To Propose Multi-Billion Green Investments

18 July 2011 - The first results of a report on Green Economy being prepared by the Arab Forum for Environment and Development (AFED) show that if measures are taken to convertexisting buildings in Arab countries to become more energy and water efficient,investments of 20 billion dollars are estimated to return up to 100 billion dollars within a period of ten years. The report, which will be made publicduring the AFED conference next October in Beirut, will show similar results inseveral different sectors, such as the return on investments in waste,industry, tourism, transportation and agriculture. The report includes morethan 60 case studies demonstrating novel green initiatives in each of thesectors addressed.

AFED Secretary General Najib Saab announced thata team of renowned researchers and economists are still analyzing data. Thereport does not only aim to highlight problems, Saab explains, but also toquantify the losses incurred by carrying on with current practices and theexpected benefits of transitioning to Green Economy in 8 sectors: Energy,Water, Agriculture, Industry, Cities & Green Buildings, Transport, Tourismand Waste Management. The report also proposes alternative green investments inthese sectors amounting to hundreds of billions of dollars.

The initial data gathered so far show that the time is ripe for Arab countries to make a transition to Green Economy, taking into consideration the current changes in the region. read more>>>