Last Updated on January 28, 2024 by admin
Greentech has widened its wings that go beyond solar and wind energy, covering a whole range of impactful transitions brought by it. It has changed people’s perception towards clean technology, energy consumption, better medical services, clean water consumption, and green framing resources. The investors have realized the significance of the green impact for a better present and tomorrow. In 2017, the Greentech investment grew by 2%, while the total transactions observed a 1% increase. In 2018, the industry attracted new investments of $279.8 billion and $393.8 billion in transactions.
The Greentech investment will see huge investments by different countries and regions in the upcoming years. Similarly, Dubai is investing in green cities and green energy consumption. By 2050, the country expects clean energy to account for 75% of its energy mix. Following are a few things to watch out for If you’d like to contribute to a sustainable planet with your investment.
The international market and economic growth have observed severe impacts of climate change. With a rising trend in Greentech, investing in them is a goldmine for investors as it doesn’t only ensure financial stability but environmental sustainability that is essential for the survival of our planet. The global economic growth will see a sharp increase as the technologies addressing both climate issues, and customer needs are becoming the hot button issue. Investing in Green Energy is a wise financial decision as the institutions and government are taking initiatives actively to a healthy environment.
Investment in Greentech comes with different goals because it involves the entire procedure of selecting and investing in companies with sustainable supply chains, products, services, or practices. Green energy either enhances resource productivity or lessens the adverse impact on the environment; thus, investment in green technologies means investment in a climate that focuses on three main goals.
Reducing The Source of the Pollution
Greentech investments encourage the agenda of reducing pollution sources to make the planet earth worth living. By changing the supply chain patterns, production procedures, and resource consumption methods, wastes and pollution can be reduced.
Bringing Sustainability, Viability, And Innovation
Greentech’s investment carries the goal of bringing sustainability, viability, and innovation. Sustainability includes all those methods that satisfy consumers’ needs without depleting natural resources along with the ability to be used in the future. Green energy investments bring viability to the products and technologies that are environmentally friendly to accelerate their implementation. It also brings innovative alternatives to those products or technologies that are causing harm to the planet.
Promoting Cradle to Cradle Designing Approach
A biomimetic approach of stopping the cradle-to-grave product manufacturing cycle that generates hazardous waste at the disposal phase of the product. While cradle-to-cradle product designing procedures produce such products that are reusable and can be recycled, thus leaving a minimal negative impact on the environment.