DescriptionIn June 2007, the World Investment Conference, which brings together over 1,000 international business and political leaders each year to exchange views and present high-level representatives of the European Union with proposals for economic, social and innovation policies, focused on green technologies and services as drivers for growth and jobs. In so doing, it gave birth to the concept of green growth. In October of the same year, the European Union, at the initiative of Günter Verheugen, Vice-President of the European Commission responsible for enterprise and industry, launched the Transatlantic Business Dialogue in Washington with a view to enhancing cooperation, trade and investments across the Atlantic. Against this backdrop, the Europe+ Foundation, has, over the past three years, developed close ties with the US states of California and Texas, and in partnership with Avise Partners through the California Technology Showcase. This cooperation provided an invaluable basis for the presence of a high-level US delegation at the first Transatlantic Green Platform in 2008. California and Texas are drivers for the US economy as a whole, but also key states for green growth—an area where each is fighting for the lead with billions of dollars in new investments. Last year alone, California attracted more than $1.1 billion in clean-tech investment, reflecting its importance as a hub for venture capitalists and scientists from around the world racing to find new energy technologies. This amount is expected to grow by 20 to 30% a year over the next decade. Similarly, in Texas, historically a centre for traditional energy, oil majors are now looking for new openings in renewables. In both 2007 and 2008, major progress was made on environmental issues with a significant reinforcement of political commitments regarding global warming on both sides of the Atlantic. In December 2007 in Bali and in March 2008 in Bangkok, leaders from the US and Europe were particularly vocal on the need for concrete initiatives. In June, on the West Coast of France, the first Transatlantic Green Platform held in the run-up to France's EU presidency was an acknowledged success. In November Barack Obama,the new President-elect of the United States, placed green growth at the heart of his master plan to deal with an unprecedented economic crisis. Last but not least, in December, the European Union adopted a climate-change package with a set of revolutionary measures. Looking ahead, 2009 could well be a deep point in the economic crisis, but it could also bring new hope with opportunities to demonstrate how economics can underpin green growth and green jobs. The first set of measures presented in this report is designed to reinforce the positive loop for green growth and contribute to closer, more efficient transatlantic cooperation in favour of green technologies and services. The second Transatlantic Green Platform, to be held on June 3, 4 and 5, has “Global Cities – Green Growth” as its central theme and offers unique opportunities to take the declarations of intention made at last year’s Poznan meeting several steps further. It will also be an excellent place to prepare the Copenhagen Climate Conference from November 30-December 11.
|Period||4 Jul 2008 → 5 Jul 2008|
- green technologies