• Member Login
  • Become a Member
  • Database Search
IATI - Israel Advanced Technology Industries
IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News Israel named second-best place in world to develop cleantech

Israel named second-best place in world to develop cleantech

May. 10, 2012

Cleantech is the name given to the range of new technologies being developed to reduce environmental damage and encourage the use of renewable energy. The field has promising economic potential, and according to a new report, Israel is one of its leading powerhouses.

The World Wildlife Fund and the Cleantech Group, an environmental consulting company, recently published “Coming Clean: The Global Cleantech Innovation Index 2012,” which ranks nations based on which ones offer the most favorable conditions for cleantech development. The report examined variables such as potential for innovation, scope of capital investments and success in the commercialization of technological developments.

After weighting the various parameters, Denmark took first place, followed by Israel. Two other Scandinavian countries − Finland and Sweden − rounded out the top four, while the United States was ranked fifth.

The authors of the report note that the Scandinavian countries adopted the vision of sustainable economic development long ago, and have invested a great deal of capital into green technologies. Denmark in particular is noted for fully realizing the commercial potential of new developments. While neither India nor China were ranked high by this new index, they are planning to invest significantly in cleantech in coming years, and are expected to rise to the top of the list.

Israel is especially powerful in water technology development. The report mentions TaKaDu, which has developed innovative methods to locate leaks in water supply systems. Amongst the factors the authors cite as being responsible for the Israeli cleantech industry’s success is its cooperation with the national water company, Mekorot, which is interested in the application of the new technologies. Another factor is the technological knowledge base that was created by the security industry over the years.

For the full article, see:


back to High Tech Industry News
| Terms of Use | Privacy Policy | Sitemap