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Many developing countries may miss out on the benefits of the “green tech” revolution unless governments and the international community take decisive action now, the head of the UN Conference on Trade and Development (UNCTAD) said on Thursday, releasing its latest report.
“We are at the beginning of a technological revolution based on green technologies,” UNCTAD Secretary-General Rebeca Grynspan said. “This new wave of technological change will have a formidable impact on the global economy.”
The 17 frontier technologies covered in UNCTAD’s Technology and Innovation Report 2023 have the potential to create market revenues of more than $9.5 trillion by 2030, about three times the size of India’s economy today.
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