A report released by infoDev in 2014 provides an in-depth look at the business opportunities for developing countries in the green and climate space, through its Climate Technology Program. The report showcases the positive ways in which emerging economies, who will be hardest hit from climate change, can harness action in this space and benefit from the growing market. InfoDev is a business incubator program within the World Bank Group, focused on assisting entrepreneurs in developing countries.
Policy makers and other relevant stakeholders would benefit from the report when devising potential new green ventures in their country. As these markets are less developed in emerging economies there is room for new entrants to make their mark. The report provides insights on the current opportunities, background information on market size and value chains.
Case studies from India and Kenya help put the information into context for these markets, with a focus on small to medium sized businesses. The case studies focus on leading clean tech for the region - Solar in India and Biogas in Kenya, with the addition of 'climate-smart agriculture' (CSA) as a growing market for both.
Some of the key stats from the report, all figures are in USD:
- Clean technology investment rose by 19 percent in developing countries (to $112 billion per year) compared with an overall decline of 12 percent globally (to $244 billion per year), which may signify that clean technology investment is transfering to emerging economies in the future.
- Over the next decade expected investment across 15 clean technology sectors in these developing countries will top $6.4 trillion overall, with $1.6 trillion accessible to the Small to Medium Enterprize (SME) market.
- Investment in wastewater treatment facilities represents over a third of the total likely clean technology investment in developing countries (about $2.7 trillion).
Cleanleap insights on this growing market
- Africa welcomes its largest biomass powerplant - in Naivasha, Kenya
- Solar and wind power in India - the start of something special
- Bill Gate's wants your sewage - in Dakar, Senegal