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Cleantech: enabling the business response to climate change. Global cleantech insights and trends report 2008-09

Cleantech is the umbrella term for the range of technologies, goods and services that minimize or eliminate the environmental impact of economic activity and form the basis of the corporate response to climate change.

As climate change moves up the corporate agenda cleantech investment is reaching record levels. Climate change challenges are creating opportunities for next generation technologies as companies seek to respond to stakeholder expectations, current and anticipated regulation, rising energy costs and consumer pressure. In addition, climate-smart companies view this as an opportunity to make them more innovative, efficient and competitive.

Climate change is here to stay and will have a transformative effect on all types of business. The integration of a climate change agenda into the heart of business planning will be a characteristic of successful enterprises in the future. Quickly and effectively adapting to the new paradigm will mark out those current market leaders who will retain their competitive advantage into the future.

It is a global challenge that requires a transformation of infrastructure and practices that crosses industries and supply chains. Not only do levels of investment in innovative clean technologies need to accelerate, but partnership and collaboration must be increased and encouraged among multinational corporations, emerging cleantech growth companies, governments and other stakeholders. This is the second year that Ernst and Young have produced an annual cleantech Report which contains:

  • Interviews with global cleantech executives, investors and industry stakeholders.
  • Statistics and discussion of the current VC investment trends in cleantech and
  • A map of major cleantech initiatives.
  • Articles on the carbon market, tax issues and cleantech financing methods.
  • Summary and analysis of a survey done among the members of the World Entrepreneur Of The Year Academy as to the cleantech aspects of their businesses.

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Watch Gil Forer, Global Director, Cleantech Initiatives, summarize the findings of the report.