Israel. Some people love the country and how it acts both internally and externally. Others seem to be driven by complete hate to such an extent that they even don't mind volunteering for suicide attacks.
We don't have to repeat all the standpoints, most of ...them are known by people across the globe anyway. But what is far less known is that Israel is a world leader in one area that will - when exported or copied internationally - be beneficial to all of us. And that area is cleantech.
We attached a small paper by Shawn Lesser, CEO of Sustainable World Capital, an Atlanta-based placement organization that tries to raise capital for cleantech-oriented venture capitalists. He describes in 10 points why Israel is so strong in this specific field. A link to Lesser's article is attached below.
The Israeli cleantech success story
And the success story is remarkable. Especially when taking into account that we are talking here about a not too rich country, that does of course benefit from an inflow of international (mainly from the US) venture capital, but that - to a considerable event - did it all by itself. It created a strong cleantech industry that is world leading by all standards, and in many areas. Not just water, but also solar energy. Top level research and a strong academic tradition go hand in hand with entrepreneurial spirit and the guts to take risks. If you add to that the availability of sufficient start-up capital, the story becomes logical.
From an Israeli point of view we were talking about a fantastic market niche that was at the same time a logical necessity. Israel is a poor country when it comes to resources and commodities. New technologies, durabe energy etc were all by itself already win-win situations when treating them as an important new industry. And so it happened. Israel is a world leader when it comes to water treatment with now more than 70 percent of waste water being re-used. Far more than any other country.
Lesser's story is convincing and clear. But is the Israeli story in cleantech unique? We all know from both academic research and the work from Al Gore and others, that environmental developments and depletion of fossile resources urge us to consider alternative energy sources as a necessary area of future development. When looking at opportunities to generate solar energy, Israel's neighbors do definitely have potential and that does also include those nations that still have sufficient fossile fuel resources. They are all dry and arid as well, so Israel's experience when it comes to water management is more than important for these countries as well. And we can go on and on to state our case that Israel provides those other nations with a great example when it comes to cleantech.
What is Cleantech?