New site devoted to covering Asia’s booming sustainable business development
From Australia to Japan and India to Taiwan, governments and businesses are investing tremendous resources in a wide variety of sustainable development ventures, ranging from massive projects to capture energy to fuel the region’s resource-hungry mushrooming economies to international efforts aimed at environmental conservation to research and development on some of the world’s most advanced clean technology.
The not-for-profit portal was founded on the belief that forward-thinking business leaders are creating competitive advantage by addressing a wide range of environmental issues. They realize that strategies incorporating environmentally-friendly practices improve the bottom line by cutting costs and saving resources, and that there is real gold in going green.
Almost overnight, perceptions of China have changed from being the worst environmental offender to being a global leader and sustainability trailblazer. In 2009, it overtook the United States to become the planet’s largest producer of wind-generated electricity. In the five years to 2010 it reduced the energy intensity of per unit of GDP by a fifth and aims to cut another 16 percent in the next five years while reducing pro rata carbon emission by 17 percent.
Asia’s other clean tech tigers, such as India Korea and Japan, are on the cusp of establishing a “first-mover advantage” over the United States in the global clean tech industry. This leaves the US, and many other OECD members looking like the laggards.
Until now, most people with an interest in this fast moving sector, including regulators, investors and environmentalists, have had no single source from which they could go to for news and expert analysis on the market opportunities in Asia. This is the market gap CleanBiz plan to address.