EUROPEAN HEADS of government have endorsed an initiative to promote European environmental technologies.
The initiative, Environmental Technology for Sustainable Development, contains proposals that will eventually lead to an EU Action Plan to help develop environmental technologies.
Adrian Wilkes, chairman of the Environmental Industries Commission, said: 'We greatly welcome this very significant step forward by the commission. ' For five years the EIC has campaigned for an EU-wide strategy to promote the environmental industry with progressive policies and support for research, development and export programmes like those provided by the US and Japanese governments.
Wilkes said: 'As the report confirms, environmental technologies offer a natural bridge between economic, social and environmental goals.
Innovative environmental technologies are vital to both environmental standards and an efficient economy.
'This is a vital first step towards the EU providing the same regulatory and financial framework that has enabled the US and Japan to become leaders in this US$515bn (£360bn) global market, ' he added.