Green Economy Investments of 2% of Countries' GDP Could Create 48 Million Jobs
Posted on April 23, 2012 at 01:26 AM EDT
JOHANNESBURG--April 23, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--If new investments in the green economy of 2% of global gross domestic product (GDP) were to be made in each of the next five years in 12 countries, 48 million jobs could be created, according to an investment model developed by The Millennium Institute. The countries analyzed in the report are Germany, Spain, Bulgaria, Dominican Republic, the U.S., South Africa, Ghana, Tunisia, Nepal and Australia. Industries analyzed are energy, construction, transport, manufacturing, agriculture, forestry and water.