Cypriot enterprises spend more for environmental protection

Cypriot industrial enterprises’ expenditure for environmental protection activities recorded a significant increase in 2007 compared to 2006, according to the latest data published here Saturday by Cyprus Statistical Service (CyStat).

The results of a survey carried out by the Statistical Service show that the total expenditure for environmental protection activities in industry in 2007 is estimated at 41.5 million euros, which corresponds to 0.27% of the Gross Domestic Product, compared to 29.5 million euros or 0.20% in 2006. This growth is mainly attributed to increased capital expenditures by the cement industry. The corresponding expenditures in the member states of the European Union are estimated at 0.44% of the Gross Domestic Product.

According to the results of the survey, by sector of economic activity, the manufacturing industries reported expenditures of 38.1 million euros, the mining and quarrying industries 2.9 million euros and the electricity and water enterprises 0.5 million euros. In the manufacturing sector, where the highest expenditure is recorded, manufacturing of other non-metallic mineral products accounts for 18.6 million euros, manufacturing of food products and beverages for 10,6 million euros and manufacturing of wood and products of wood (except furniture) for 3,0 million euros.

Finally, by environmental domain, expenditure related to: the reduction of air emissions 19.0 million euros the monitoring, treatment and disposal of waste 10.7 million euros, the treatment of waste water 8,8 million euros, the protection of soil and ground water and the protection of natural resources and biodiversity 2.5 million euros and the abatement of noise and vibrations 0.5 million euros.