Member Article

UK firms fly the green flag in US

Six British firms are reportedly embarking on the first ever green trade mission undertaken by the UK Government this week in a bid to capitalise on a market worth £3 trillion a year world wide.

The firms are joining Climate Change Minister Greg Barker on a trip to the US to explore the trading opportunities there for UK green businesses and highlight the opportunities for investment back in the UK.

“My message will be that Britain is open for green business investment,” said Barker as he unveiled the mission today.

The global market for low carbon goods and services is expected to growth to around £4 trillion by 2015.

In the UK, that market is estimated to currently worth £106 billion and the six companies on this week’s five-day visit to the US will be showcased as examples of this growing sector.

The five day visit will take the companies to Washington D.C, Philadelphia, Charlotte (North Carolina) and Columbia (South Carolina), where company representatives will meet with politicians, business groups, investors and regional development bodies.

This was posted in Bdaily's Members' News section by Ruth Mitchell .