EU takes the measure of eco-industry sector

Study shows waste management remains largest sector of environmental services market; legislation will power future growth

The European market for environmental goods and services is worth €227bn, equivalent to 2.2 per cent of the EU’s GDP, according to a study for the European commission.

Written by consultants Ernst and Young and RDC-environment for the commission’s environment directorate, the report estimates that the EU’s environment industries represent around 3.4m jobs.

Traditional activities such as waste management continue to account for the vast majority of expenditure on resource and pollution management (EED 12/03/02). This market is increasingly mature and is dominated by very large firms, the study says.

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