Ernst & Young
A new report by the Urban Land Institute (ULI), a nonprofit land use and urban planning think tank, and Ernst & Young (an accounting and professional services firm) suggests that the U.S. is falling behind other industrialized nations in its infrastructure planning as a result of crippling federal, state and regional economic conditions – a condition exacerbated by failure at both the national and local levels to achieve a political consensus on what is actually needed.
U.S. venture capitalists invested $1.14 billion in cleantech companies in Q1 2011, a 54% increase compared with Q1 2010, in 69 deals, compared with 79 deals in Q1 2010, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource.
A bitter global economy and lack of government action on climate change will not stop global business executives from investing sustainability and climate change initiatives.
Ernst & Young recently conducted a global survey of 300 executives from 16 countries, operating businesses with at least US$1 billion in annual revenue.