Eco-innovation!

European Commission ECO-INNOVATION When business meets environment The European Union's Eco-innovation initiative bridges the gap between research and the market it helps inmovative green ideas become fully-fledged commercial prospects, ready for use by business and industry. The results shown are based on a sample of Eco-Innovation projects. 8. full time jobs created per project, including the whole supply chain 1.6 billion € total global environmental and economic benefit Every euro of funding expected to generate 20€ revenue per project 20€ 1.4 million tonnes raw materials saved Enough raw material to buld 200 Effel towers 170 million m water saved 11.6 CO, saved 609,000 Equal to the carbon Tmillion tonnes emissions from The annual water tonnesless waste consumption of an EU city of 350,000 people the annual electricty use of 1.7 milion homes in the EU The annual waste generation of an BU city of 125,000 people 5 sectors 40% 40% 20% Smail Medium 10-soemplo 50-20 eloy Micro 010em 80% 70% SMES Sustainable Green Business Material Food Water Bulding Products & drink Private sector Recycling Resuts for 125 projects, ndcated by the projects for two years ater completion Revenues from sales exclude production and labour costs but account for deadweight market daplacement and comrplementarity, supply chain effects and an otimism bias http://eceuropaeufecoinnovation Eco-innovation Produced by the Exeoutive Agency for Competitiveness and Innovation IEACIL 2013.