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In the UK, the sector is already worth £25 billion (larger than the aerospace and pharmaceutical sectors), and double digit growth is predicted. However, such growth will only be realised if the companies have the right products and services in the market place at the right time. Crucially this will depend both on their capacity to innovate and to manage growth effectively. They will also need access to significant financial support.

Whilst there are a number of global players in the sector based in the UK, much of the growth is likely to come from start ups and SMEs. The latter is also where the largest return on investment is likely to be made.

Currently, the activity of Venture Capitalists, fund managers, angel investors and banks in this sector is small compared to their activity in IT, biotechnology and aerospace industries. This is in the main due to a lack of specialist analytical research data on the key innovators in the sector, their potential growth and the associated level of investment.

The lack of finance in the sector and the limited availability of data on key emerging companies is a gap that the EnviroDaq Index aims to fill.

The EnviroDaq index has been established by UK CEED and the Centre for Sustainable Engineering in response to a lack of visibility for the sector generally and, in particular, the absence of a relevant category in conventional indices such as FTSE, AIM and OFEX.

EnviroDaq is the first index showcasing all the UK quoted companies who are actively involved in delivering goods and services that directly benefit the environment. They are the companies who don't rely on corporate responsibility to gain their environmental reputation but rather produce bottom-line results from provision of essential environmental technologies.

It shows detailed share information for these companies and aims to allow investors of all types to identify an increasingly vibrant sector, its key sub-sectors, and companies performing well within those sectors.

Ultimately, the aim of EnviroDaq is to act as a catalyst for bringing to the sector enhanced visibility and therefore access to finance and management capability. This will stimulate growth and help it deliver solutions to the world's environmental challenges.