Press Release: Innovation must do more for the environment

The European Commission has published a report on trends and developments in eco-innovation in the European Union. While confirming the strong growth of eco-industries the report emphasises that the state of the environment and climate change call for the take-up of clean and environmentally-friendly innovation on a massive scale. The report highlights that European companies are world leaders in several environmental markets and that current environmental legislation acts as a driver for promoting innovation in these markets. Based on the EU Environmental Technologies Action Plan (ETAP), the report proposes to focus on a number of priorities and actions that will raise demand for environmental technologies and eco-innovation.