<p>Cleantech Group and WWF published <b>Coming Clean: The Global Cleantech Innovation Index 2012<\/b>. The report looks at where entrepreneurial cleantech companies are growing today, reasons as to where they will spring-up over the coming years, and which countries are falling above and below the curve for fostering cleantech innovation.<\/p><p>Thirty-eight countries were evaluated on <b>15 indicators related to the creation and commercialisation of cleantech start-ups<\/b>, generating an index measuring each one\u2019s potential, relative to their economic size, to produce entrepreneurial cleantech start-up companies and commercialise clean technology innovations over the next 10 years.<\/p><p>"The global macro-economic landscape is shifting; fostering entrepreneurial start-ups and growth companies with clean technology solutions will be <b>an increasingly important part of countries\u2019 competitiveness<\/b> on the world stage" said Richard Youngman, Managing Director Europe & Asia, Cleantech Group.<\/p><p>The <b>four top<\/b> scoring countries were <b>Denmark, Israel, Sweden and Finland<\/b>. These countries all have small economies and while they are the source of much innovation, they have less ability to scale-up companies. These small countries need innovative approaches and collaboration to compensate for the lack of large domestic markets and inconsistent availability of finance throughout a company\u2019s life-cycle.<br \/>"This index shows that several countries are on the right track, but clearly <b>much more needs to be done<\/b> if we are to properly address climate change and achieve a transition towards a global 100 percent renewable future," said Samantha Smith, leader of WWF\u2019s Global Climate and Energy Initiative.<\/p><p>"The overwhelming majority of capital required for making the transition to a low-carbon future will come from a variety of private sources. Developing a working recipe for <b>strengthening the flow of public-private finance<\/b> towards early as well as later stage cleantech is key for countries that want to taste the economic success of cleantech," she added (<a href="http:\/\/qualenergia.it\/sites\/default\/files\/articolo-doc\/indice%20cleantech.jpg">chart<\/a>).<\/p><p><b>North America and northern Europe<\/b> emerged as the primary contributors to the development of innovative cleantech companies.<br \/>The <b>US<\/b> placed fifth in the Index. However in absolute terms, without factoring in economic size, the United States <b>leads in many measures<\/b> of cleantech innovation: the country has the greatest public cleantech R&D budget, the greatest number of cleantech start-ups and investors, as well as the most venture capital, private equity, and M&A deals in cleantech.<br \/>However, the <b>Asia Pacific region<\/b> performs well when it comes to scaling up entrepreneurial cleantech companies to wider commercial success and revenue creation.<\/p><p>Whilst currently seeing fewer emerging cleantech start-ups and placing 13th, <b>China<\/b> leads in cleantech manufacturing, is strong in early-stage growth, and shows potential to produce more early stage innovation in the future.<\/p><p>The country is <b>rapidly gaining access to funding<\/b> due to success in raising money for cleantech-focused funds. Additionally, China has been home to the majority of cleantech IPOs since 2009, many of which listed on the recently established ChiNext board of the Shenzhen stock exchange.<br \/>Similarly, <b>India<\/b> scores 12th but is performing well in fund raising towards Cleantech focused funds and has much activity in later stage Cleantech companies.<\/p><p>Coming Clean: The Global Cleantech Innovation Index 2012 is available as a free download from Cleantech Group at <a href="http:\/\/info.cleantech.com\/2012InnovationIndex.html">http:\/\/info.cleantech.com\/2012InnovationIndex.html<\/a>.<\/p><p><br \/><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
Denmark, followed by Israel, Sweden, Finland and the US provide the best conditions today for clean technology start-up creation, according to the first Global Cleantech Innovation Index by Cleantech Group and WWF.<\/p>\n","protected":false},"author":45,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"kc_post_selected_socio_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[26],"tags":[],"class_list":["post-17490","post","type-post","status-publish","format-standard","hentry","category-news-from-the-world"],"yoast_head":"\n