Financial Times FT.com

The greenest bail-out?

By Steve Bernard, Shyamantha Asokan, Helen Warrell and Jeremy Lemer

Published: March 2 2009 19:22 | Last updated: August 17 2009 19:17

Governments around the world have committed over $512bn of the global economic stimulus outlined so far to green projects, with 22 per cent to be spent in 2009, HSBC estimates.

The proposed round of government spending in economies across the world represents a unique opportunity for green businesses. The increased investment could pull energy consumers towards using more renewables, create millions of new jobs in green industries and help to create a more efficient, low-carbon future.

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