IRELAND'S GREEN FIRMS:Green goods and services have never been more popular and Irish companies are acting fast to lead the way in environmentally friendly business initiatives
AMID THE gloom of global recession, one sector stands out as offering huge potential for expansion in the years ahead. As former US president Bill Clinton has suggested, it has the potential to be the driver of the next world economic revolution.
Globally, the environmental goods sector is growing strongly, with the market estimated to be heading towards $700 billion (EUR 512 billion) by the end of 2009. A recent Forfás study estimated the Irish market to be worth EUR 2.8 billion, with an additional £624 million (EUR 698 million) market in Northern Ireland. The Irish figure, if anything, underestimates the size of the market here, as it does not include the significant value in developing environmental goods and services in the construction sector.
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