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[BUSINESS] · Germany · 2 sources

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Green technology markets projected to reach $7.1 trillion by 2030

Despite public debate regarding the bureaucratic costs and regulatory burdens imposed by the European Union, green technologies are emerging as a significant driver of global economic growth and innovation.

According to a study by the Boston Consulting Group (BCG), international green markets were valued at approximately five trillion dollars in 2024, with projections suggesting growth to 7.1 trillion dollars by 2030. Furthermore, a McKinsey study indicates that environmentally friendly technologies could contribute one to two percentage points to global GDP and create between 20 and 30 million jobs worldwide.

In Germany, the green-tech sector has become one of the most important growth areas for the national economy, as noted in the Green Tech Atlas 2025 by the Federal Environment Agency.

Entities

Boston Consulting Group · European Union · Germany · McKinsey