Green Initiatives Expected to Spearhead Economic Development and Revitalization in Asia Pacific, Finds Frost & Sullivan

Green Initiatives Expected to Spearhead Economic Development and Revitalization in Asia Pacific, Finds Frost & Sullivan PR Newswire KUALA LUMPUR, Malaysia, Oct. 17, 2012 - High-income countries are competitive in terms of green initiatives and technologies KUALA LUMPUR, Malaysia, Oct. 17, 2012 /PRNewswire/ -- The economic downturn has prompted many Asian governments to invest or plan in sustainable economic activities. Green technologies, particularly in the environmental and building sector, have been identified as long-term catalysts of economic growth. New analysis from Frost & Sullivan (http://www.environmental.frost.com), Green Excellence Country Benchmarking in Asia-Pacific, finds that in 2010, Singapore had the highest green excellence performance score of 0.813 and Indonesia came in last with 0.207. The issue of sustainable development has gained currency not only throughout Asia Pacific but all over the world. Global trends such as population growth, industrialization, climate change, water scarcity, increasing solid waste output, and other environmental concerns have escalated the demand for green technologies and services. High-income countries in the region are the most enthusiastic adopters of green initiatives; however, some of them are also among the biggest carbon dioxide emitters in the world.