Archive: 10/23/2011
Daily Israel Report
15:41
Reported

News Brief

  10/23/2011, Tishrei 25, 5772

Government Approves Green Growth Initiative


The cabinet approved, Sunday, a proposal by the ministers of Environmental Protection and Industry, Commerce and Labor to formulate a national strategy for environmentally-friendly development between 2012 and 2020. The plan is intended to assess the raw potential to the economy of a transition to a green economics and recommend ways of implement it.

The steps are expected to produce a billion shekels in output and save billions of shekels currently spent dealing with environmentall and health hazards. The assessment is due by May.