anx_I__cpt_1__cpt_6__cpt_5__cpt_4__text_1
The Union cannot prosper in a world of ever increasing resource consumption, environmental degradation and biodiversity loss. Decoupling growth from the use of natural resources requires structural changes in how such resources are used, re-used and managed, while safeguarding our environment. Eco-innovations will enable us to reduce pressure on the environment, increase resource efficiency, and put the Union on the path to a resource- and energy-efficient economy. Eco-innovation also creates major opportunities for growth and jobs, and increases European competitiveness within the global market, which is estimated to grow to a trillion Euro market after 2015 European Parliament, Policy Department, Economic and Scientific Policy "Eco-innovation - putting the EU on the path to a resource and energy efficient economy; Study and briefing notes", March 2009. . 45 % of companies have already introduced some type of eco-innovation. It has been estimated that around 4 % of eco-innovations led to more than a 40 % reduction of material use per unit of output Eco-innovation Observatory "The Eco-Innovation Challenge - Pathways to a resource-efficient Europe - Annual Report 2010", May 2011. , highlighting the great future potential. However, it is not uncommon that highly promising and technically advanced eco-innovative technologies, processes, services and products do not reach the market due to pre-commercialisation challenges and do not realise their full environmental and economic potential as their scaling up and market introduction are perceived as too risky by private investors.
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Source: EUR-Lex (Cellar) · retrieved 2026-11-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.