1945

This 2011 Industrial Development Report (IDR) addresses industrial energy efficiency in sustainable development. Around a fifth of global income is generated directly by manufacturing industry, and nearly half of household consumption relies on goods from industrial processes. People’s needs for food, transportation, communication, housing, health and entertainment are all met by industry. Since the Industrial Revolution, waves of innovation have shaped how people work and live. During the 19th and 20th centuries, developed countries relied on manufacturing to spur economic growth. Today, developing countries are counting on industrialization to reduce poverty and improve the quality of life of its growing populations.

Related Subject(s): Economic and Social Development
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