2% GDP could turn global economy green

Posted by Washington Post: Juliet Eilperin on February 21st, 2011
Mongabay: Investing around $1.3 trillion, which represents about 2% of the world's gross domestic product (GDP), into ten sectors could move the world economy from fossil-fuel dependent toward a low carbon economy, according to report by the UN Environment Program (UNEP). In addition, the investments would alleviate global poverty and keep stagnating economies humming, while cutting humanity's global ecological footprint nearly in half by 2050 even in the face of rising populations. "With 2.5 billion people......

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