Global economies need to adopt new business models: APO

Recommends that world economies should double the output of green production as well as the share of ethical consumption by 2020

gn | September 9, 2016


#Bangkok Outcome Document   #Asian Productivity Organisation   #Economy   #Business   #Industries  

The Bangkok Outcome Document, released by the Asian Productivity  Organisation (APO), calls upon global economies to explore and adopt new business models to achieve long-term business sustainability for a low-carbon future. The document is based on deliberations at the International Asia EnviroEconomics Conference.

Recognizing existing resource limitations, the Bangkok Outcome Document identifies three key strategies and several steps for mitigating climate change. It also calls upon APO members and world economies to develop sustainable, smart, green communities and cities, and targets 50 percent reductions in water, waste, and carbon emissions per capita in cities by 2030. The document recommends that this be achieved through recycling water and waste and doubling renewable and bioenergy use.

It also suggests that by 2020 the world should double the number of eco-smart cities, reduce traffic congestion by 50 percent by increasing the volume and share of public transportation, and establish standards and criteria for eco-smart cities, said a press release.

The conference was organized by the APO, along with the Thailand Productivity Institute and Federation of Thai Industries, as part of the Eco-Products International Fair 2016 in Bangkok from June 8 to 10, 2016.

According to APO Secretary-General Mari Amano, “The Bangkok Outcome Document serves as a blueprint for future actions to ensure a low-carbon, sustainable future, building on progress already made through GP (Green Productivity) initiatives in the Asia-Pacific region and elsewhere.” He also called upon global economies, especially APO members to work together to implement the recommendations of the document and set an example for the rest of the world to follow.

The conference urged governments and decision makers around the world to recognise the need for a change in the present economic model and move away from the conventional short-term supply vision. It called upon policymakers to respect social and planetary limits to mitigate climate change impacts and work to achieve the UN Sustainable Development Goals and implement the Paris Climate Agreement.


Read Bangkok Outcome Document

 

Comments

 

Other News

Mumbai`s stalled building projects: Is self-redevelopment the real solution?

Land in Mumbai city, which is surrounded by water on three sides, is scarce and has a premium. Property prices in certain areas of financial capital of the country are as much as Rs 1 lakh per sq ft. Yet, 5,800 buildings have been lying in a stalled condition for the last 18 years. Meanwhile

Revadi, electoral reforms and fiscal responsibility

Revadi (sweetmeat) or more popular word, ‘freebies’, has been dominating headlines recently. A public interest litigation (PIL) has been filed in Supreme Court to bar all political parties from making such promises. In response, one leading political party, Aam Aadmi Party (AAP), has filed thei

Jal Jeevan Mission: 6.70 crore households provided with tap water connections

Since August 2019, Government of India, in partnership with States, is implementing Jal Jeevan Mission (JJM) to make provision of potable tap water supply every rural household by 2024. As many as 6.70 crore households have been provided with tap water connections in the 35 months, since Aug

Cloud inclusivity: Ensuring highly regulated organisations are ready for a cloud-first world

Over the last few years, cloud has been able to create a special place for itself amongst fast moving, competitive and growth-led organisations. As the technology became an imperative, it has undoubtedly created unique business opportunities and isbecoming an anchor for innovation for leading businesses gl

1.29 crore voters chose NOTA in five years

None-of-the-above, or NOTA – the option introduced for voters in 2013 when they don’t want to support any of the candidate – has made some progress. In the past five years, NOTA has secured 1,29,77,627 votes in state assembly elections and Lok Sabha election, according to an analysis by t

India committs to reduce Emissions Intensity of GDP by 45% by 2030

India stands committed to reduce Emissions Intensity of its GDP by 45 percent from the 2005 level by 2030 and achieve about 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030. The country’s India’s updated Nationally Determined Contributi

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter