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Israel named second-best place in world to develop cleantech

Ha’aretz reports that Israel ranks second only to Denmark in providing favorable conditions for cleantech development, but that innovation has yet to significantly affect the local environment:

The World Wildlife Fund and the Cleantech Group, an environmental consulting company, recently published “Coming Clean: The Global Cleantech Innovation Index 2012,” which ranks nations based on which ones offer the most favorable conditions for cleantech development. The report examined variables such as potential for innovation, scope of capital investments and success in the commercialization of technological developments.

After weighting the various parameters, Denmark took first place, followed by Israel. Two other Scandinavian countries − Finland and Sweden − rounded out the top four, while the United States was ranked fifth.

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