Thursday, February 2, 2012

Asia can lead on green growth by working with private sector

At a forum today, Asian Development Bank (ADB) president Haruhiko Kuroda outlined steps countries in the Asia and the Pacific region are already taking to protect shared natural resources and called for more private sector involvement in the building of green infrastructure.
"Around the region, leaders are recognising that a better quality of economic growth is possible — one that can simultaneously meet aspirations for greater economic prosperity and provide a cleaner and greener future," Kuroda said in a keynote address at the annual Delhi Sustainable Development Summit.
"We must move toward deeper structural and systemic change in the way goods are manufactured and services provided. The green economy itself can become an engine of growth and the driver for a new generation of green jobs — bringing a higher quality of life,” he said.
The role of institutions like ADB is to use limited public sector funds to leverage the far more significant amounts of private capital needed to achieve green growth, Kuroda said. For its part, ADB supports green growth and sustainable development through mechanisms such as the Climate Investment Fund, under which multilateral development banks have mobilised $6.5 billion for developing countries, with $2.5 billion earmarked for Asia and the Pacific.
The Asia and Pacific region presents tremendous opportunities for green investment with its growing markets, still relatively low levels of consumption, and the need to fulfill enormous infrastructure requirements, he added.
Asia is already becoming a global leader in green investments, with many of these focusing on low-carbon power generation. The People’s Republic of China, for example, is now the world’s top installer of wind turbines and solar thermal systems. India has the fifth largest wind power capacity in the world, and is encouraging the rapid expansion of many biogas, solar, and other forms of renewable energy.
Separately, ADB and its partners announced the advent of the Sustainable Development and Climate Change Leadership Programme, a platform for policymakers, the private sector and ADB to exchange knowledge, experiences and best practices on issues ranging from green growth and climate change to fundraising.
ADB also hosted a panel discussion on Asia 2050 – an in-depth publication commissioned by ADB to examine the challenges and opportunities facing the region over the next four decades. The book looks at what Asia needs to do to continue its dramatic economic transformation, which has already seen some of the fastest growth and sharpest poverty reduction rates in history.

9 comments:

  1. Thanks a lot for the helpful content. It is also
    my opinion that mesothelioma has an extremely long latency period, which means that signs and symptoms of
    the disease might not exactly emerge right until 30 to 50 years after the 1st exposure to asbestos fiber.

    Pleural mesothelioma, and that is the most common type and
    affects the area within the lungs, will cause shortness of
    breath, torso pains, plus a persistent cough, which may produce
    coughing up maintain.

    Feel free to visit my site: http://appletv.altervista.org

    ReplyDelete
  2. Thanks for your write-up. One other thing is the
    fact individual states in the United states of america have their
    particular laws in which affect home owners, which makes it very difficult for the our lawmakers to come up with a different set of rules concerning foreclosures
    on house owners. The problem is that each state offers own legal guidelines which may interact in an unwanted manner in terms of foreclosure policies.


    Stop by my web blog :: russian dating

    ReplyDelete
  3. ew system, the property foreclosures process can pick
    up from where it was left off.

    My site sex facebook

    ReplyDelete
  4. I cherished up to you'll receive performed proper here. The cartoon is attractive, your authored material stylish. however, you command get bought an impatience over that you want be handing over the following. unwell without a doubt come further until now once more since exactly the same nearly a lot often inside of case you shield this hike.

    Look at my site ... nutrihealthadvantage.com

    ReplyDelete
  5. Attractive part of content. I just stumbled upon
    your website and in accession capital to say
    that I acquire actually loved account your weblog posts.

    Anyway I�ll be subscribing on your feeds and even I
    achievement you get admission to constantly quickly.

    Also visit my blog post :: ukraine dating

    ReplyDelete
  6. Do you have a spam problem on this site; I also am a blogger, and I was wanting to know your situation; many of us have developed some nice practices and we are looking to trade techniques with others, be sure to shoot
    me an e-mail if interested.

    Here is my web page: social.balapashka.kz

    ReplyDelete
  7. We're a bunch of volunteers and starting a new scheme in our community. Your website offered us with useful information to paintings on. You have performed a formidable task and our entire neighborhood can be thankful to you.

    Here is my homepage; facebook sex

    ReplyDelete
  8. Excellent weblog here! Also your site quite a bit up very fast!
    What web host are you the usage of? Can I am getting your affiliate link to your host?
    I wish my website loaded up as quickly as yours lol

    my web-site :: fuck book

    ReplyDelete
  9. Hello.This post was really remarkable, particularly since I
    was searching for thoughts on this subject last Monday.


    My web blog; skype sex

    ReplyDelete