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

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

BMC: 207 officials in ACB net, 112 still on duty, 68 retire before justice catches up

There are significant delays in the handling of corruption cases involving officials of the Brihanmumbai Municipal Corporation (BMC), a Right to Information (RTI) response obtained by rights activist Jeetendra Ghadge has revealed. As of 30 April 2026, 207 BMC officials face Anti-Corruption Bureau (A

The transformation trap: Why efficiency is not innovation

Every company is transforming, or so it claims.   There was a time when the word ‘transformation’ carried weight. It signified bold strategic shifts, reinvention of business models, and breakthrough technologies that fundamentally changed how organizations created

The Sardar biography that throws light on our times

Patel: A Life By Rajmohan Gandhi Aleph Books, 568 pages, Rs 1,199   There are many biographi

Climate change, El Niño rewrite Indian monsoon

The month of July exceeded its rainfall target despite forecasts of a below-normal month under a strengthening El Niño. The reason could be that climate change is amplifying monsoon complexity: West Pacific warming, Western Disturbances and evolving ocean conditions increasingly interact with El Ni&

Mumbai has just 1.28 sq.m. of open space per person: Study

Mumbai`s public space crisis is as much about mismanagement as it is about scarcity, and offers a governance roadmap that can be implemented without new legislation, according to a new report by the Urban Design Research Institute (UDRI) and the NGO Alliance for Governance and Renewal (NAGAR).  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter