...Executive Summary: + The economic prosperity that Canadians enjoy is dependent, largely in part, in getting Canadian goods to global markets via marine shipping. From coast to coast to coast, Canada’s economic growth is intrinsically linked to the marine shipping industry. + Marine shipping is increasing because the demand for trade with Canada is growing. However, Canadians and the country’s economic growth demand a safe and sustainable marine shipping industry. + Polling shows that Canadians are equally aware of the importance of marine shipping to our economy and that environmental concerns cannot be ignored, especially along our coastlines. + Canadians expect improvement by all marine shipping stakeholders — from governments to industry...
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..."Green Growth": A Necessity Green growth is a new buzzword among the policymakers around the world. For many policymakers it's a new magical word that can play a very significant role in the development of a country. Green growth is viewed as a key to sustainable growth. It has been recognized that there is an urgent need of transition towards green growth to achieve sustainable development and prosperity. As per Asian Development Bank "... green growth is an imperative not a luxury, for developing Asia". It is still not clear whether 'green growth' is a new transitional shift or just another gimmick to cover up inconsistencies between economic and environmental objectives of governments. There is no universally accepted definition of green growth. But normally it is being treated as a synonym to sustainable development. "Green growth is fostering economic growth and development, while ensuring that natural assets continue to provide resources and environmental services on which our well-being relies"-OCED. So green growth basically emphasizes on the efficient use of natural resources that minimizes pollution and environmental impacts at the same time it also plays role of environmental management and natural capital in preventing physical disasters. Main focus of green growth is low carbon growth that promotes growth with the help of creation of new environment friendly products. Green growth is matter of both economic policy and sustainable development. Politicians normally...
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...governance focuses on formal and informal mechanisms that are set in place to manage social, political and economic relationships. Governance therefore encompasses complex systems structured as hierarchies with centralized and structured chain of communications with collective decision making. One truism that can be drawn from governance is that it is differs from place to place and system to system. Good governance usually is based on some characteristics like it is consensus oriented, transparent, responsive, effective and efficient, allows specialization. It is responsive to the present and future needs of the society. Environmental sustainability involves making decisions and taking actions that are in the interest of protecting the natural world with emphasis on preserving the capability of the environment. Environmental sustainability is not just about reducing the amount of waste or using less energy, but it’s concerned with developing processes that will lead to a sustainable future. Many cities are responsible for polluting the environment in ways that are not sustainable. Environmental sustainability forces people to look beyond short term gains and look at the long term impact they are going to have on the natural world. Good governance of cities in order to control unwanted waste and pollution can help attain a sustainable environment. A city that incorporates economic, ecological and equity dimensions in its development choices would lead towards environmental sustainability...
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...Title: Urban Mobility Solutions-Vertical Transportation Infrastructure sector in any country holds immense strategic importance and hence enjoys high priority treatment from the administrative bodies as well. Infrastructure is the key to development of industry, trade, commerce and the overall economic growth and prosperity of a nation. At a time when Indian economy is aiming for strong broad based growth it is imperative that infrastructure sector will is playing a major role in the growth. In Indian context, rapid urbanization and massive Government support has given a make-over to the infrastructure sector. India’s infrastructure sector continues to be a key driver of the nation's economic progress. In addition to this, increasing foreign investments and private participation have also given an impetus to the pace of growth. Urbanization is one of the most important issues of our time. Today half of the world population lives in cities. Safe, reliable and sustainable mobility is one of the major challenges in the development of cities. The traditional way of transportation has changed completely. This brings upon a very interesting study to understand the shift in consumer s product selection patterns, whether it is in the form acceptance of new technology being used for mobility or to reach the desired location safely in least time by selecting other alternatives. Objective : ▪ Understand the need for Urban Mobility Solutions. ▪ Why Vertical Transportation...
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...The effects of APEC To ensure the safety of the economic leaders and delegates in Manila, tight security was enforced. This included road closures and rerouting schemes of major thoroughfares — such as EDSA and Roxas Boulevard — that resulted in traffic disruptions in The APEC lane along EDSA extension in Pasay City. the metro. Most motorists and commuters complained of the traffic schemes adjustments, which forced them to walk to their destination. Several airlines canceled their flights to make way for the arrival and departures of the APEC participants. Philippine Airlines said it lost an estimated P870 million, while Cebu Pacific lost around P400 million. A number of people also took to the streets and staged protests, denouncing the APEC and the leaders of its 21 member economies. Quiz: Can you recognize these world leaders? Was the summit a success? The Philippines reportedly allotted P10 billion to stage the week-long APEC activities. Ambassador Marciano Paynor Jr., director general of the APEC National Organizing Council, said the expenses in hosting the event was an investment. He added that the traffic and inconvenience the summit caused is "a little sacrifice compared to the benefits that we will gain out of our membership from APEC." Related: APEC gains not quantified, says economists But former Budget Secretary Benjamin Diokno said the P10 billion the government spent was too much. He said that it could have been cheaper if the APEC leaders' meeting was held outside...
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...business strategy as they came to recognize that it is an essential part in growing and establishing themselves as the leader in the competing environment. A well-executed sustainability strategy can enhance the company’s value and reinforce competitive advantage in the market while protecting the capital base. The balance of power has shifted between corporations and it is important to balance economic prosperity along with environmental and social dimensions. Sustainable business strategy represents a marked shift in traditional business practices and companies who do not adapt to the changes in these practices in order to achieve sustainable profitability will be more likely to face the brand value decline or even extinction in the future. For instance, the change represents the need to understand how all three dimensions affect each other and companies ought to consciously create new consumer preferences. However, a lot of companies still are missing guidelines to implementing a marketing strategy of sustainability as an essential part, which is at the core of ensuring organizational, social, economic and environment growth while managing overconsumption issues (White, 2011). Current researches tend to focus on developing a more sustainable approach on product design, pricing, promotion and distribution when it comes to the sustainable business strategy and companies are widely integrating this approach. On the other hand, the theoretical practices of promoting sustainable consumption...
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...environment are interrelated in a complex way, with many variables. This report will address three main issues. This first issue is how the tourism industry faces a conflict of interest between investors wanting short-term return on investment and environmentally sustainable management. Second, environmental issues are often times limited to only natural environment, with a major focus on pollution, global climate change, resources consumption, and habitat/ecosystems. These issues remain very important, however, in order for effective environmentally sustainable management to take place, a broader topic of sustainability must be covered which includes dimensions of economics, equity and environment. This report will explain how ecotourism aims to address these issues. The third issue is “greenwashing.” A lack of standardization in ecotourism allows for some companies to deceive customers into thinking they have implement environmentally sustainable practices, when in reality they are simply taking advantage of the rising popularity of ecotourism to boost revenues. This paper will explore what has been done so far to address sustainability issues and what practices tourism operators need to adopt to become environmentally sustainable in terms of their long-term...
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...developing and implementing National Sustainable Development Strategies (NSDS). Sustainable Development competes with many deeply entrenched values and therefore progress has been slow. Tensions between long term and short term thinking, and between economic growth and social and environmental sustainability, are not easy to resolve. The NSDS process has gained impetus following the 2002 World Summit on Sustainable Development, where it was agreed that countries need to take immediate steps to elaborate and formulate NSDS systems that can continuously improve. The UN Guidance Document describes an NSDS as a comprehensive, adaptable, continuous and long term undertaking that helps a country to achieve economic prosperity and higher levels of social welfare, while at the same time preserving the environment. An NSDS is not just something that can be put together in a document and be promulgated. Development of an NSDS requires multi-stakeholder participation, partnerships, country ownership, shared vision with a commitment to continuous improvement, capacity development and the ability to build on existing knowledge and processes and a clear focus on outcomes. Education is a central dimension of achieving sustainable development, and needs to be incorporated into the NSDS process. Learning is central to the process of NSDS development and implementation. Education for Sustainable Development and National Sustainable Development Strategies Education has been identified...
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...Identify the Change Drivers The group has identified the following analysis on SAMSUNG, one of South Korea’s key income contributor from the electronics industry that has resulted on a positive impact to the growth of the nation. The following table will highlight an analysis from Samsung’s perspective with regards to the nation’s political, economical, social and technology areas, where we have identified the change drivers, be it negative or positive, from the PEST analysis. |SCOPE |Samsung PEST Analysis |Change Drivers | |POLITICAL |Government: |Government: needed to improve the situation and| | |Was the second poorest country in the World (in|ensure the quality of the people rise at par | | |1954) and this was a huge concern. |with its other neighboring countries ie Japan, | | | |China and Russia. | | |Government strategy was to leverage on Samsung | | | |by promoting the company during the Seoul |Education: Improvement in the education...
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...and economic sustainability achieved by APEC member economies this year in China and ensuring that the benefits are widely felt, said President Benigno Aquino III on the eve of the archipelago’s commencement as APEC 2015 Chair. Establishing a more inclusive economic environment across the Asia-Pacific will be the focus of collaboration in APEC over the coming year, revealed President Aquino in a kick-off speech in Manila on Monday evening. It set the tone for the APEC Informal Senior Officials’ Meeting on 8-9 December in Legazpi City, Albay that will mark the first assembly of member economies as part of APEC Philippines 2015 and decide their agenda priorities. “One week from now, we’ll be demonstrating a thousand per cent effort – the first visitors for APEC 2015 will set foot in our country, and the Philippines will have the distinct privilege of hosting the next chapter in one of the largest joint efforts to improve trade and cooperation amongst major economies,” said President Aquino. “Here, within our communities, leaders from government and the private sector will map out the future of the Asia-Pacific.” “This gathering’s significance is magnified when one considers that, in a world where many economies are reeling from uncertainty, Asia-Pacific economies have, for the large part, sustained a relatively good level of growth,” he explained. “It is for this reason that the Philippines has chosen to orient this year’s APEC towards making certain that this growth has tangible...
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...(OAS) provides that integral development encompasses the economic, social, educational, cultural, scientific, and technological fields through which the goals that each country sets for accomplishing it should be achieved; TAKING INTO ACCOUNT that the Inter-American Democratic Charter recognizes that democracy and social and economic development are interdependent and mutually reinforcing, and that promotion and observance of economic, social, and cultural rights are inherently linked to integral development, equitable economic growth, and the consolidation of democracy and the rule of law in the states of the Hemisphere; RECOGNIZING that social justice and equity are essential for democracy; CONSIDERING that the Charter of the OAS establishes among its essential purposes to eradicate extreme poverty; CONSIDERING AS WELL that extreme poverty constitutes an obstacle to development and, in particular, to the full democratic development of the peoples of the Hemisphere; and that its elimination is essential and constitutes a common and shared responsibility of the American states; REAFFIRMING the determination and commitment of member states to urgently combat the serious problems of poverty, social exclusion, and inequity that affect, in varying degrees, the countries of the Hemisphere; to confront their causes and consequences; and to create more favorable conditions for economic and social development with equity to promote more...
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...AUGUST 2011 REGIONAL PLAN FOR SYDNEY Regional Development Australia-Sydney brings together people and information to promote collaborative decision making for the sustainable and just economic development of Sydney, with a focus on employment growth. REGIONAL PLAN FOR SYDNEY © Regional Development Australia-Sydney Inc. This work is copyright. The Copyright Act 1968 permits fair dealing for study, research, news reporting, criticism or review. Selected passages, tables or diagrams may be reproduced for such purposes provided acknowledgement of the source(s) is included. Permission for any more extensive reproduction must be obtained from Regional Development Australia-Sydney Inc. While every reasonable effort has been made to ensure that the data and other content in this document is correct at the time of printing, Regional Development Australia-Sydney Inc. its committee and employees, disclaim any and all liability to any person in respect of anything or the consequences of anything done or omitted to be done in reliance or upon the whole or any part of this document. The Regional Plan includes inputs from stakeholder consultations and draws information from 87 other existing plans and reports published by the Australian, NSW & Local Governments and other key agencies. It does not represent the ‘only’ information on Sydney however it provides a unique ‘overview’ of the entire Sydney Region. RDA-Sydney cannot guarantee the currency of the statistical data; therefore...
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...ideas to sustain environmental health. The principal impediment to a sustainable society is our internal wiring. Put simply, humans evolved in an environment of scarcity and our brains are poorly adapted to restrain our appetites in a climate of abundance even when our ‘executive’ brain warns us that our civilization has overextended the limits of the biosphere. The human mind is not used to dealing with novel global environmental threats such as pollution, plastic, chemicals, nuclear waste and greenhouse gases, because for millions of years these problems were not around. As citizens of the world, each of us is responsible for the health of our planet. Our choices and our actions contribute to the well-being or deterioration of the environment. ? While some countries have chosen to develop national-level strategies, Canada’s federal system of governance required an approach that acknowledged that many of the levers for promoting sustainable development are controlled by different levels of governments (e.g. municipalities, provinces, and territories). The FSDA (Federal Sustainable Development Act) articulates the Government of Canada’s long-term vision, goals, and targets, including its plans for reducing the federal government’s environmental footprint. Environmental sustainability and economic development can be considered contending imperatives. We are now seeing more and more concern for ‘sustainable development’ that “meets the needs of the present without compromising...
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...Journal of Sustainable Development Studies ISSN 2201-4268 Volume 2 (2013), Number 2, 197-215 Entrepreneurship for Sustainable Economic Growth in Nigeria Oyelola, O. T. Centre for Entrepreneurship Development, Yaba College of Technology, P.M.B 2011, Yaba, Lagos, Nigeria Ajiboshin, I. O. Centre for Entrepreneurship Development, Yaba College of Technology, P.M.B 2011, Yaba, Lagos, Nigeria Raimi, L. (Corresponding author) Centre for Entrepreneurship Development, Yaba College of Technology, P.M.B 2011, Yaba, Lagos, Nigeria Raheem, S. Centre for Entrepreneurship Development, Yaba College of Technology, P.M.B 2011, Yaba, Lagos, Nigeria Igwe, .C. N. Centre for Entrepreneurship Development, Yaba College of Technology, P.M.B 2011, Yaba, Lagos, Nigeria Abstract. This paper underscores the importance of entrepreneurship as a realistic mechanism for sustainable economic growth in Nigeria considering the experiences of developed nations like the United States and vibrant economies like China and India. The paper discusses that entrepreneurship has been instrumental in economic growth, balanced regional development and job creation in most dynamic economies, where technology is changing at a faster rate and the product lifetime cycle is shrinking. The methodology adopted in this paper is the narrative-textual case study (NTCS); it is a social science research method that relies on the information and data from several sources for problem-solving or problem-identification. The paper...
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...TASTE SUSTAINABLE DEVELOPMENT THROUGH CSR ____________________________________________________ INTRODUCTION Sustainable development is a vision and a way of thinking and acting so that we can secure the resources and environment for our future generation. It will not be brought through policies only - it must be taken up by society as a principle guiding the many choices each citizen makes every day, as well as the big political and economic decisions that affect many. It is clear that environmental degradation tends to impose the largest costs on those generations that are yet to be born. We can only improve sustainable development when it will put an emphasis on involving citizens and stakeholders. Ultimately, the vision will become reality only if everybody contributes to a world where economic freedom, social justice and environmental protection go hand in hand, making our own and future generations better off than now.1 Sustainability has emerged as a challenge before entire civilization. The challenge before us is to reduce disparity through capacity building and providing poor and dispossessed access to the knowledge and resources needed for meaningful life. National Development through Corporate Social Responsibility (CSR) and Sustainability ensures the well-being of individual by integrating business practices in an economically, socially and environmentally sustainable manner that is transparent and ethical. CSR is...
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