Wednesday, February 23, 2011

Green economies for growth, urges UN


Investing $1.3 trillion (£800bn) each year in green sectors would deliver long-term stability in the global economy, a UN report has suggested.

Spending about 2% of global GDP in 10 key areas would kick-start a "low carbon, resource efficient green economy", the authors observed.

They also recommended following policies that decoupled economic growth from intensive consumption.

See full Article.