World Economic Forum pushes green growth in Asia

12:02 PM @ Monday - 07 June, 2010
Asia needs to combine new and green business and production modelswith natural resources and environmental protection, said the WorldEconomic Forum on East Asia 2010 on June 7.

Although being considered a driving force of the world’s economy for itsfast and strong growth, Asia is vulnerable to climate change andenvironmental protection, said the forum. Therefore, sustainabledevelopment is a common matter for all countries in the region.

Deputy Environment Minister of the Republic of Korea(RoK) Yoon Jong Soo said that despite economic difficulties in 2008,the RoK invested 30 billion USD in its green growth strategy throughenvironmental-friendly projects.

It resulted ina positive growth rate in 2009 and the country is expected to achieve afive percent growth this year, he said.

He wenton to say that his country would continue with new green growthstrategies and target to cut 30 percent of CO2 in 2020.

Green growth is not an option, it is a must and a newdevelopment direction, said Yoon Jong Soo.

Forhis part, Vietnamese Deputy Minister of Natural Resources andEnvironment Nguyen Thai Lai said that his Government have long- andshort-term worked out both programmes to cope with the impacts ofclimate change and rising sea level.

Theprogrammes have been devised with the participation of governments,ministries and localities and the international community’s assistance.

An executive from the German Metro Group FransMuller said as the group consumes a large volume of energy, Metro hasissued its energy saving policy which starts with changing the staff’sattitude and behaviours. Metro has also used solar energy in productionand disposable packaging in products distribution.

The President of the General Electric (GE) Group in ASEAN region,Stuart Dean emphasised the importance of the cooperation betweengovernments and businesses.

Businesses areaware of their benefits in pursuing green development and committed toactive cooperating with their governments, he said.

The GE representative suggested that the governments put in placeconcrete policies like the RoK and Vietnam have done as well as freetrade commitments to facilitate the development of the green economy./.

(Source: http://en.vietnamplus.vn)
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