WWF International and Cleantech Group partnered to release the second report, in a biennial series, on where the likely leading entrepreneurs in clean technology will emerge from over the next 10 years. The report is a ranking of each countries inputs into innovation, such as investment by governments and the outputs of innovation such as the commercialization of new clean technology. WWF International is the world's largest conservation non-governmental organization and the Cleantech Group work with companies to accelerate the growth of innovation in the clean technology space.
The report uses interesting metrics to map out the growth cycle of a clean tech startup for each country. Cleantech Group analyze a large amount of data and sort into four key pillars, which consist of 15 indicators. The input areas examined are innovation, government policies, access to private/public funding through to the outputs of green patents and the size and scale of clean tech companies. This classification is used to help determine 'Country Archetypes' based on the indicators that demonstrate they are a 'Cleantech Start-up Generator' country and/or they are 'Strong Cleantech Commercialisers'. This is trying to show that the input of funding through private and government is realized with a resilient clean tech industry.
Some of the highlights from the report:
- Israel came in as the leader of the index, with a high ratio of clean tech startups per capita. The country has also shown it punches above its weight with a large number of entrants into the Global Cleantech 100.
- South Korea who came in at 13 is the one to watch with a large number of green patents due to government policy of fastracking these applications. This has also been confirmed by a more recent study by Deloitte which looks at the top tech companies in Asia Pacific in 2015.
- South Africa is notable as the only entrant from the continent, coming in at 39 out of 40. The country scored low in entrepreneurial support, with some government policies, but with little public/private funding. Whilst there is some clean tech revenue this falls behind with larger companies.
What does this mean for Cleanleap?
We look forward to reading the 2016 report and with all the indications we are seeing expect to at least Kenya on the list. We have some great examples of clean tech innovators on our site: