A recent Insight article talked about the need for organisations to address climate change and asked how management accountants can input into the strategic decision-making to help organisations adapt.
Many organisations and countries are already looking to green technologies to combat climate change and dwindling resources, however no one solution will be the most effiecient in every area. Solar power and wind technology seem to be the most popular, but the BBC list on its web site several other areas of sustainable enegry that are being developed around the world.
Some of the countries attending the Copenhagen Summit (COP15) have already set themselves targets for developing green technology. For example the US is proposing to invest $150 billion in renewable energy, and India has pledged to install 20,000MW of solar power in the next ten years.
It would be interesting to hear what green technologies are the most popular in your country. What do you feel would be the best solutions - be the most efficient given your country’s resources and make the most impact?