Report: British Columbia's 'green' business could hit $27B by 2020

British Columbia’s green economy could grow into a $27-billion-per-year green giant by 2020, according to a new report from the Globe Foundation.

B.C. could become a “living laboratory” for green-sector growth that would add value to the provincial gross domestic product (GDP) more than twice as fast as the economy as a whole, John Wiebe, president and CEO of the Vancouver-based foundation, told the Vancouver Sun on Wednesday.

Despite the fact that Canada ranks well below the U.S. in terms of clean-energy investment and share of the world's "green economy," the report suggests that by leveraging its natural resources and building on the momentum of the Winter Olympics, which put the region on an international stage, the region could strike up the necessary alliances to become a leader in building a "low-carbon" economy.

Read the full story in the Vancouver Sun and download the Globe report, British Columbia's Green Economy, here.

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