The global market value of low carbon goods and services (LCEGS) in 2007-08 was £3,046 billion. The UK had the sixth largest low carbon and environmental economy, with 3.5 per cent of the global share worth £107 billion.

(Further detailes updates are available at:  http://www.bis.gov.uk/assets/BISCore/business-sectors/docs/l/12-p143-low-carbon-environmental-goods-and-services-2010-11.pdf )

Why is this important – we need to ensure that the UK economy provides the goods and services needed to meet our low carbon and other environmental objectives.

• The LCGES industries in the UK are expected to grow by approximately 45 per cent between 2007-08 and 2014-2015. Renewable energy is expected to grow the fastest.
• The largest product and service in the UK LCEGS was renewable energy, worth £31.3 billion, representing 29 per cent of UK production. Other products that have a high market value are waste services (£19.3 billion) and alternative fuels (£18.6 billion).
• In 2007-08 approximately 10 per cent of products and services were exported to other countries. Renewable energy represented 40 per cent of all UK exports from LCEGS industries.

Data download

The key facts publication contains a downloadable version of this page
Sustainable Consumption and Production Indicators
Government policy on Green economy, green business
Innovas Report into LCGES