New report shows UK accounts for 3.5% of global output in sustainability related sectors, with US top at 21%

The UK was the sixth-largest producer of low-carbon and environmental goods and services globally in 2007/08, according to research published by the government, with 3.5% of output.

The Innovas report found that the Britain accounted for 3.5% - or 拢107bn - of the world's 拢3,000bn of output in sustainability related sectors.

The report looked at 270 companies involved in renewable energy, environmental and 鈥渆merging low carbon鈥� sectors (such as carbon trading, reduction in emissions and carbon capture and storage.)

On a country basis, the US was far in the lead with 20.6% of the output, and China accounted for 13.5%.

Of the 23 products and services surveyed, building technologies accounted for 12.8% of the total market value.

The report suggested that the sector could grow by another 拢45bn over the next decade.

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