The Economic Development Potential of the Green Sector
- Author(s): Ong, Paul M.
- Patraporn, Rita Varisa
- et al.
This brief contains policy recommendations on establishing a regional economic development and job creation initiative to grow the Green sector into a significant export base. The long-term goals are to capture internal and external economies of scale, agglomeration benefits, and a cutting edge market identity to develop a region as a leader for meeting the growing demand for Green jobs and services. This effort requires a rounded and balanced economic ecology that includes strengthening and increasing the number of Green vendors, suppliers and related supply chains. This is a desirable goal because the Green market is projected to grow substantially both domestically and globally over the next decade.