What is Eco Innovation ?

The European Commission defines Eco Innovation as :
 
Any form of innovation aiming at significant and demonstrable progress towards the goal of sustainable development. This can be achieved either by reducing the environmental impact or achieving a more efficient and responsible use of resources.
 
It can also be viewed as the development of products and processes that contribute to sustainable development, applying the commercial application of knowledge to elicit direct or indirect ecological improvements.
 
Put simply – Eco-innovation is about reducing our environmental impact and making better use of resources.