World Economic Forum: Embrace Circular Economy or We Will Miss Paris Climate Goals, Says Dutch Environment Minister
As political leaders seek to engage the private sector in making the
"We need to look beyond energy if we want to attain the Paris Agreement goals," said Stientje van Veldhoven, Minister for the Environment of
The minister pointed to a recent study by the
A focus on the circular economy offers much "low-hanging fruit" in the form of unnecessary waste and costs. "This is a great agenda to work on with industry," she said. "It's a very optimistic agenda...a lot can be done and we can manage this."
The political legitimacy to take action on climate change has been enhanced by the rise of green parties across the
She laid out the concrete steps to make this happen: legislating the plan; setting clear indicators to measure progress; generating the investment needed; and ensuring the transition to a greener
Buberl questioned the
He contrasted the European Green Deal favourably with previous efforts to encourage green growth based on tax and production subsidies. "This new plan very much focuses on investment," he said. "We are combining economic growth and decarbonization through investment - this is very important."
Session participants explored how to turn the European Green Deal's goals into action. These included the importance of encouraging the public to use new, green technologies as consumers need to change their behaviour as well as businesses. On top of incentivizing people to shift to more carbon-neutral choices, governments and companies need to invest in reskilling citizens for new jobs in the green economy. Small and medium-size enterprises generate 30%-40% of innovations but lack access to finance - and the Green Deal should channel more capital towards SMEs.
President Trump Approves Florida Disaster Declaration
House Ways & Means Subcommittee Issues Testimony From Rep. Davis
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News