- The “green economy” surpassed $5 trillion in annual value in 2024 and is projected to top $7 trillion annually by 2030, according to a new report from the Boston Consulting Group and the World Economic Forum.
- The Tuesday report classified the green economy as “commercial solutions with a clear environmental purpose or solutions that are a direct response to environmental challenges,” which included activities focused on mitigation, adaptation and resilience.
- “Recent geopolitical developments, energy security considerations and short-term economic pressures have shifted the conversation on climate action,” the report said, but added that actual investments in sustainable solutions have continued to increase.
- “Recent headlines may suggest that the climate transition is stalling,” Valdre and Hernold wrote. “Yet, overall growth in the green economy has not wavered. On the contrary, investments in green technologies keep jumping from record to record.”
Green economy now worth over $5 trillion annually: report | ESG Dive
Related Posts
Preparing to give your feedback on the proposed amendments to the PEFC Sustainable Forest Management standard for EUDR alignment, but would like more information? We are holding a special information webinar, open to everyone, on 12 June, to introduce the proposed modifications and answer your questions. The PEFC SFM Working Group has added and amended a number of requirements to the PEFC Sustainable Forest Management standard (ST 1003) to ensure that PEFC-certified raw material coming out of PEFC-certified forests is EUDR compliant.
U.S. Representative Bruce Westerman (R-AR) holds a Master’s Degree in Forestry from Yale University and understands better than most that a healthy and sustainably managed forest is not a partisan issue. The use of forest products by society drives a healthy market as well as the incentive for forest owners to manage their forests sustainably. In other words, wood product use, paired with a commitment to recycling and sustainable forest management, including replanting many more trees than we use (standard practice in North America), will result in healthy, vibrant forests. Read the details of Representative Westerman’s story about sustainable forestry, economics, family forests, and forestry jobs in Arkansas and how by working together it makes for healthy forests. https://thehill.com/blogs/congress-blog/energy-environment/434083-the-best-way-to-preserve-forests-use-trees?amp&__twitter_impression=true
Established by APRIL Group in 2013, RER is an ecosystem restoration programme that works to protect and restore ecologically important peatland forest within Indonesia’s Riau Province. Located on Sumatra’s eastern coastline, RER is comprised from five government ecosystem restoration licenses totalling 150,000 hectares of peatland forest, with 130,000 hectares located on the Kampar Peninsula and an additional 20,000 ha located on nearby Padang Island. The restoration area at Kampar Peninsula is twice the size of Singapore. Another notable highlight was the discovery of the restoration area’s 300th bird species. Known as the Blue-winged Pitta (Pitta Mollucensis), it joins several IUCN-listed endangered or rare species, and now means that representatives of 18 per cent of Indonesia’s bird species have found safe haven inside RER. Click Read More below for additional information.