FastFacts: Environmental Technology 2005

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GENERAL INFORMATION

Environmental technology (ET) products and services include a wide range of categories. For

example, an electronic device used to monitor water flow or temperature, as well as building

materials made from recycled materials, and even services such as architectural engineering are

considered environmental technologies.

Because of the various products and services involved, the global ET market value is quite high

and growing rapidly. In 2002, it was valued at US$ 556 and it is expected to surpass US$ 607 billion

in 2005.