Leading heat pump manufacturer Panasonic has welcomed the announcement of £2 billion in funding for the UK government's new Green Homes Grant scheme. 

A new coalition of Irish business leaders has issued an open letter urging the government to leverage the State’s €17bn annual procurement spend to develop the green economy.

The CEOs and managing directors of companies including Siemens Ireland, Airtricity, Ecocem, Glen Dimplex and Bord Gais have signed up to Green for Growth, a coalition calling for the state to commit to buying greener goods and services to keep Ireland competitive domestically and internationally.

Green for Growth, a coalition of leading Irish businesses set up to demand strong government leadership on green procurement, will be launched tomorrow, Friday 14 May 2010 in The Annesley Suite, Alexander Hotel, Merrion Square, Dublin 2 at 12pm. The coalition has been organised by Construct Ireland magazine.