Businesses across industries are already benefiting from the strong growth of the green economy, the second-fastest growing sector over the past decade. A new report, Already a Multi-TrillionDollar Market: A CEO Guide to Growth in the Green Economy, finds that the green economy has already reached $5 trillion a year and is on track to exceed $7.0 trillion within the decade. Developed in collaboration with the Boston Consulting Group, the research indicates that despite economic uncertainty and diverging environments, investment in green technologies continues to reach record highs. The report identifies the green economy as one of the world’s fastest growing sectors, outpaced only by tech, and highlights the advantages enjoyed by many companies embracing green solutions.
the research shows that companies with green revenues often outperform across multiple financial metrics.
on average, green revenues grow two times faster than conventional business lines across the market, while the cost of capital for companies with green revenues is typically lower.