The term “Sustainable Technology” or “Cleantech” describes technologies that enable more valuable use of natural resources and greatly reduced ecological impact among other technological benefits. Although there is currently no standardized comprehensive definition for Sustainable Technology (such as the SIC code), there are three important characteristics that define a Sustainable Technology:
Dematerializiation and efficiency The technology enables significant savings in terms of use of amounts of materials and energy.
SubstitutionThe technology enables a shift from: (i) non-renewable resources (energy and material) to renewable ones, (ii) non-biodegradable or persistent materials/chemicals to bio-degradable ones (iii) ecosystem consuming extractive systems to renewing and restorative ones.
Prevention The technology prevents emissions, contamination and/or negative environmental impact.
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"The Stone Age didn’t end for lack of stone, and the oil age will end long before the world runs out of oil."
Sheik Ahmed Zaki Yamani
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