Green Economy

Overview

The numerous factors motivating individuals, companies, and governments to act and invest more sustainably is also creating demand for new "green" products, services, and jobs.

The "green economy" is based on business opportunities and jobs that help protect and restore the environment, often through reducing resource use or rehabilitating natural resources.

In a 2008 study evaluating U.S. cities on different aspects of sustainability, Baltimore ranked 5th place in terms of green economy. Many consumers are realizing the added value of environmentally-friendly products and are willing to pay an initial premium for products that will save their wallets and the environment over time.  In the face of such opportunity, equipping Baltimore to as a green business center makes good financial sense. By working together, Baltimore can be home to a thriving green economy that is good for its citizens, businesses, and environmental health.