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The Guardian - UK
The Guardian - UK
Anmar Frangoul

The green technology patent boom – what’s driving it and how can businesses benefit from it?

Businesswomen having a meeting in office with wind turbine models on table
Green technology is a fast moving sector, so being able to spot market opportunities before others can give a competitive advantage. Photograph: Westend61/Getty Images

From the rollout of huge wind turbines and sleek electric vehicles, to the growing popularity of business practices focused on the environment and net zero, it’s clear that the planet is in the midst of a sustainability driven transition.

Today, the market for green technologies is estimated to be at $61bn (£49bn) and is expected to increase to $417bn (£337bn) by 2030. But this incredible growth would be in jeopardy if companies, inventors, researchers and designers were not confident that their time and money was spent well. Protecting and promoting this creative surge is the (almost) intangible ecosystem of intellectual property (IP).

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