Eco-Innovation is the development of new products, processes and services which deliver positive environmental opportunities. This represents an economic opportunity which the World Bank has valued at $6.4 Trillion.
Eco-innovation delivers the goals of sustainable and equitable societies and economies, including sustainable development. This is achieved through commercially viable approaches that:
- Deliver new business opportunities and sustainable, equitable, growth
- Achieve more efficient or responsible use of natural resources
- Address climate change concerns and deliver a low carbon economy in all sectors
- Reduce impacts on the environment
- Enhance societal, economic and technological resilience to environmental pressures
Positive environmental impact
Eco-innovation is a key mechanism for delivering the changes required to respond to climate change and will support the global need to live well within the limits of the planet. It has the power to decouple global economic growth from resource use.
It is fully consistent with delivering solutions to economic and technological priorities expressed in other terms, for example, “clean energy”, “low carbon”, “sustainable agriculture”, “sustainable development”, “green economy”, “bio-economy” or “circular economy”.
Eco-innovation is a key mechanism for delivering the changes required to respond to climate change and will be an integral part of the successful transformation towards a world-wide green economy.
We are seeking new collaborative partners to grow a sustainable and circular economy. We welcome enquiries from researchers, businesses, and other organisations. For more information, please see our contact page.