Israel ‘best place’ on planet for clean-tech entrepreneurs
Jul. 1, 2014
Israel is the best place for clean tech entrepreneurs to set up shop, according to a study released by Cleantech Group and WWF.
It says the country has the “culture, education and chutzpah” needed to breed innovation, citing the success of wastewater engineers Emefcy and Seed technology firm Kaiima.
Finland and the USA are rated the second and third best countries, while there are signs China, India and Brazil are starting to offer more attractive markets for new businesses.
“International climate change negotiations are not delivering sufficiently on the challenge to avoid catastrophic climate change, which make accelerated investments in solutions by business, financial institutions, countries and cities even more crucial,” WWF’s head of climate Sam Smith said.
“Understanding these innovation processes is important in order to accelerate increase of the “good” as a complement to the establishment of national climate targets and carbon caps that address a more rapid decrease of the “bad.”
The study covers 40 countries, including all of the G20. Compiled by the Cleantech Group, it is based on a country’s ability to create and commercialise innovation.
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