News: UK CEED: report highlights growing economic importance of environmental services
UK CEED: report highlights growing economic importance of environmental services, and identifies importance of remanufacturing
Monday, 8th September 2008
A new report by UK CEED on the importance of the environmental service sector to the UK economy has been published as part of a Government initiative on innovation in the services sector. An earlier report by UK CEED for government valued the official' UK environmental goods and services sector at over GBP25 billion - which is forecast to rise to GBP46 billion by 2015 - and employs over 400,000 people in more than 17,000 companies. The new report highlights the significance of environmental services within the sector and also identifies a large hidden' resource efficiency sub-sector positioned between products at the end of their first life, and their ultimate disposal as waste - remanufacturing alone has a UK turnover of GBP5 billion, for example. Environmental services has the potential to be one of the most dynamic areas of the economy over the next decade, but - as a sector which is driven by Government regulations - the report identifies the need for targeted assistance to overcome some critical challenges. The challenges include the need to develop new know-how and service solutions; to create large-scale physical infrastructures (especially for handling and processing waste) ; to scale-up and deploy many physical technologies; to develop and deploy new ICT-based methods; and to create new kinds of economic arrangements. The report has been written by Peter James, Professor of Environmental Management at the University of Bradford, and Jonathan Selwyn, Chief Executive of the UK Centre for Economic and Environmental development (UK CEED). Copies of the report Innovation in environmental services (0.6 MB) can be downloaded from UK CEED's website at:
The European Remanufacturing Council (CER) is open for business
The European Commission has asked for a coordinated voice from EU-28 remanufacturing businesses. The Conseil Européen de Remanufacture will represent small and large businesses from all remanufactured product sectors. Register your interest now!