According to a recently released report by USAID (U.S. Agency for International
Development), environmental technologies and services that assist in reducing
greenhouse emissions will be a rapidly growing market over the next ten years. The
authors predict the market will grow from its present $29.9 billion today to between $52
-$65 billion by 2010.
The report, “Market Opportunities for Climate Change Technologies and Services in
Developing Countries,” explains that the energy sector is among the fastest growing
sectors in most developing countries and also generates the largest proportion of
greenhouse gas emissions. Energy suppliers will acquire over half of the market for
climate change services – energy efficiency and clean fuel technologies.
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