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Following the recession, governments and companies are looking towards green and energy-efficient technologies as the new growth sectors. Although there has been a scale-back in green technology support mechanisms by governments due to the recession, this is expected to be a short-term trend, and these sectors are predicted to continue along their path of high growth. Over the coming decade, industries across the globe are likely to witness a shift towards sustainability, which is expected to open new doors for industry players. Through this brief, Datamonitor has outlined some key trends that are expected to have a major impact in the sustainability space over the next few years.
The coming years are likely to be ones which define the area of sustainability. Sustainability is predicted to be a key factor for the operations of industries as diverse as energy, transport, and construction. Companies are expected to increasingly report and track their carbon emissions in a bid to increase their green credentials and make use of the cost benefits of improving the efficiency of their operations. At the same time, the adoption of green transport and take-up of green building technology and standards – like the Leadership in Energy and Environmental Design (LEED) system – are expected to increase for both the industry and private consumers. The increased adoption of smart grid technology is expected to tie all
of this together by enabling a convergence of various green technologies towards increased sustainability performance.
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