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Sustained growth calls for co-ops |
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Written by Tadao Chino
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Friday, 03 December 2004 |
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Economic growth is essential for poverty reduction. However rapid economic expansion in the developing world is often associated with environmental degradation. Here in Asia, the tremendous growth over the past few decades has put sustainable development at the forefront of the public agenda. Asian populations are now suffering from the huge costs of growth: vastly diminished mangrove forests, dying coral reefs, the depletion of fisheries, land degradation, alarming levels of air pollution, the extinction of species, etc. Growth must continue. Sustainable growth is key to achieving a poverty-free Asia-Pacific region. But the "grow now, clean up later" approach to development is simply not sustainable. Fortunately, we are now beginning to see a shift in political will in Asia to address the environmental consequences caused by blindly-pursuing growth. We also see the private sector, especially companies based in Europe, North America and Japan, moving towards greater corporate social and environmental responsibility and accountability.
Continue story @ http://news.xinhuanet.com/english/2004-12/03/content_2289640.htm
Source: chinaview.cn
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