Spending in the clean technology industry shows no signs of decline and in spite of the global economic situation, spending by the world’s biggest companies in this area looks set to increase. A recent survey – conducted by leading professional services organisation Ernst and Young – yielded these results from consultations with more than 300 executives worldwide from corporations with revenues in excess of US$1bn.
As Gil Forer, Global Director of Cleantech at Ernst & Young explains:
“The increasing interest and activity of multibillion-dollar companies around the globe underscores the growing market opportunities in cleantech. Making good on those opportunities will likely depend on identifying new partnership models that enable corporations and emerging cleantech companies to meet their own objectives while facilitating the arrival of a low-carbon and resource-efficient economy.”
“Also, the rising demand for finite natural resources, spurred by growth in population and in the numbers of middle-class consumers in emerging-market countries, is driving the need for corporations to establish a resource-efficiency agenda to ensure sustainable long-term growth and competitive advantage.”
http://greeneconomypost.com/clean-tech-linvestment-corporates-–-ernst-young-7156.htm