Business, Environmental Protection and Poverty Reduction Come Together

Summary

The Equator Initiative of the United Nation Development Programmed (UNDP) held a panel at Fordham University in New York City on 7 March 2007. It was about ways to harness market forces to protect the ecosystems and reduce poverty. John Waugh stated that ecosystems are critical to people’s livelihoods and should be invested in as development infrastructure. Also, mangrove swamps. Demand for organic foods expands annually in the West stated Virginia Barreiro of the World Resources Institute. Her programmed partners with medium-sized enterprises that comprises about 60 per cent of employment and gross domestic product worldwide in developing countries, to create business plans and gain access to markets in both developed and developing countries. These innovations “green” businesses, such as hybrid electric busses and China’s organic roses, provide employment and protect the environment. Ms Barreiro stated that income can be earned and at the same time. Farms could supply electricity and sell energy to other countries, stated Yannick Glemarce. This is one of the examples of the clean development mechanism (CDM) where Indus trialed country invest clean technology projected in developing countries, reducing its obligations under the 166-member Kyoto Protocal, which aims to reduce global carbon dioxide. The prospect of expanded carbon markets is to re-examine carbon-intensive business.

Response

I personally feel that all these projects would benefit the people, especially in the developing countries. Income would be earned by the local through tourism and this would improve their lines. Some of the projects also provide protection for the local as well. These projects would help to regulate income and this would improve the economics not only for these countries involved but worldwide as well.


Source : http://www.un.org/Pubs/chronicle/2007/webArticles/031307_business.htm

MissManlika Salamad ID: 1500208093 No. 8