Definition
“Green technology (also green tech): Technology whose use is intended to mitigate or reverse the effects of human activity on the environment.
‘the use of green technology and renewable energy is an integral part of the government’s agenda’,
count noun ‘investment in natural infrastructure and green technologies would also create valuable new ‘green collar’ jobs’, as modifier ‘the green tech industry’”
Oxford English Dictionary
GreenTech is broader than this and includes the areas they benefit as well as technologies being developed. At the GreenTech Festival, which we attended in 2021, the programme was divided into three distinct areas; Finance, Energy and Communities, but it’s even wider than this. The goal of GreenTech is to protect the environment, repair damage done to the environment in the past, and conserve the Earth’s natural resources. GreenTech has also become a flourishing industry that has attracted enormous amounts of investment capital.
Green Finance
In 2021, the UK Government published Greening Finance: A Roadmap to Sustainable Investing which set out the government’s ambition to make the UK the best place in the world for green and sustainable investment. Finance is the cornerstone of the modern world and only with banks and investment companies changing their focus to the renewable markets, which is inevitable, will we reach the goals we need to.
Renewable Energy
The renewable sector is growing and will overtake the antiquated fossil fuel industry. Renewable energy comes from many sources including wind, hydrogen, tidal and solar.
Transport
Transport, although closely linked to Renewable Energy, also covers the infrastructure and more efficient methods of getting goods and people from A to B.
Culture And Communities
People are at the heart of everything. Only by working with communities can change happen, whether that is people conserving and restoring our damaged natural world or by educating the general population on how they can make a difference by making small steps.
The Natural World
When talking about GreenTech, the planet shouldn’t be ignored. How humans have (mis)treated it is the reason why GreenTech has to exist in the first place