Sitra’s Environmental Programme has commissioned two studies on the statistical monitoring of and a common definition for environmental business. An English-language summary of the studies has now been compiled. The summary discusses the change that environmental technology has undergone as a concept due to the increased significance of the cleantech industry.
As awareness of the cleantech concept increases, reducing the environmentally undesirable impact is becoming an important business sector. The field is currently experiencing rapid growth, and particularly in the USA it has become a significant target for venture capitalists. The situation requires an updated definition of the environmental technology concept and statistical monitoring of the sector. Domestic and international statistical analyses usually focus on traditional environmental technologies and tend to overlook clean technologies.
The report summary proposes a new classification and the launch of a statistical monitoring system. More effective monitoring serves political decision making, venture capitalists and entrepreneurs working in or entering the field. Reliable statistics are a prerequisite for monitoring environmental business and the development of the environmental field. Systematic gathering of data also helps environmental technology companies develop their business operations.
Sitra supports the establishment of a centralised national statistical system. The system will consist of a company database of and statistics on the environmental business. A monitoring system for venture-capital investments in clean technologies is also being introduced in Finland and at a European level.
Jukka Noponen, Executive Director, Sitra, phone (09) 6189 9430
Heikki Sundquist, Business Director, phone (09) 6189 9444