UNEP report champions greening global tradeListen /
Greening global trade is a vital step to achieving sustainable development, says a new report from UNEP, the UN Environment Programme.
And developing countries are well-positioned to help catalyze this transition.
The report, Green Economy and Trade – Trends, Challenges and Opportunities, analyzes six economic sectors – including manufacturing, tourism and renewable energy – where trade opportunities exist.
Regarding energy, it says developing countries have significantly increased their exports of renewable energy equipment such as solar panels, wind turbines and solar water heaters, and expanded their potential to export electricity from renewable sources.
UNEP's Executive Director Achim Steiner is pleased with the progress.
“What we have seen just in the last 10 years happening in the global marketplace for clean energy technology is nothing short of phenomenal in terms of numbers. Even through the financial crisis and all the economic challenges of the last few years, clean energy technology continues to grow.”
Mr. Steiner says in 2012, there was an investment of more than $240 billion in the clean energy technology sector.
Gerry Adams, United Nations