So-called "cleantech" — such as technology which improves energy efficiency or reduces pollution — was the third largest recipient of venture capital, behind the internet and biotechnology.
—Sion Barry, "Billions of pounds pouring into green technologies worldwide," The Western Mail, January 12, 2008
Clean applications — which include renewable power, energy efficiency and recycling — are seen as particularly promising areas.
"An awareness of cleantech has exploded across the world, with the US investing in biofuel, China in solar power and Europe declining to be left behind," says Ed Hugo, an analyst at Library House.
—Jonathan Guthrie, "Investment boost for 'clean' start-ups," Financial Times, January 15, 2008
An exhibition, named "Cleantech (clean technology) 1990", was also opened to public today. On display at the exhibition are photos of environmental prevention and protection, air, water and waste treatment equipment provided by some of the ESCAP members.
—"Environmental problems need greater regional cooperation: U.N. official," Xinhua General News Service, October 10, 1990
—Matthew Sheahan, "VCs Show Off Their Green Thumbs," Venture Capital Journal, May 1, 2004
triple bottom line