Friday, March 4, 2011

Investing in greener economy could spur growth – UN

Engineering News reports: "Channelling 2%, or $1,3-trillion, of global gross domestic product into greening sectors such as construction, energy and fishing could start a move toward a low-carbon world, a report launched on Monday said.

The investment would expand the global economy at the same rate, if not higher, as under present economic policies, said the report by the UN Environment Programme (UNEP).

"Investing 2% of global GDP into 10 key sectors can kick-start a transition towards a low-carbon world," the Nairobi-based agency said in a statement."
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