The shift towards sustainability cannot be delayed any longer, and governments and corporations seem to recognise that. After the recent natural disasters in the United States and Spain caused by severe climate change, it is imperative that something is done. Investments in green technology give companies a competitive advantage and long-term viability of operations while also ensuring that the state of our environment improves gradually instead of deteriorating even more. Growth of Green Technology With increased investments in crucial sectors like renewable energy and electric vehicles to sustainable agriculture and waste management and water conservation, the future looks bright and green. Governments are also implementing stricter regulations to limit pollution and reduce carbon footprints, while consumers increasingly prefer sustainable brands. Major Drivers Behind the Boom in Green Technology a) Demand from Conscious Consumers Millennials and Gen Z are on the side of ethics as they have started transitioning towards sustainability…
