The primary mandate of the UJ Process, Energy and Environmental Technology Station (UJ-PEETS) is to contribute towards improving the competitiveness of industry and SMEs through the application of specialized knowledge, technology and facilitating the interaction between industry (especially SMEs) and academia, to enable innovation and technology transfer to grow the green economy. The UJ-PEETS was established in 2010 under the support of University of Johannesburg. The Technology station is funded by Technology Innovation Agency (TIA), which is an agency of the Department of Science and Technology (DST) to fulfil this mandate.
A formal definition for the green economy can be regarded as a “system of economic activities related to the production, distribution and consumption of goods and services that result in improved human well-being over the long term, while not exposing future generations to significant environmental risks or ecological scarcities”. It implies the decoupling of resource use and