Asia is the biggest winner after the U.S. withdrawal from the Paris accord

China has become the world’s largest producer of solar power in 2017.

A recent report released by the non-profit Business and Sustainable Development Commission (BDSC), shows that Asian cities would be the biggest winners of the move created to achieve global sustainable development goals.

The sustainable development would bring to these cities cleaner air and water, sustainable buildings and public spaces, greener transport, and a more efficient use of the resources.

Even if the U.S. decided to withdraw from the Paris climate accord, Asian cities will continue the investments in renewable energy and low-carbon technologies.

China along with other developing countries will continue the construction of affordable and more efficient homes that will consume less resources, will have a low carbon footprint, will improve the health conditions of the population, and will reduce the effects of climate change.

By improving the design and construction materials used to build the houses, China aims to reduce household operating costs, and creates conditions for a cleaner environment in the future.

Reducing air pollution is another part of the plan for sustainable growth in Asia.

Electric vehicles will slowly replace conventional cars, and the forecast says that by 2040, 35% of the car sales in Asia will be represented by electric cars.

Chief executive of Temasek Holdings in Singapore, Ho Ching, which is also one of the commissioners of the report stated that the sustainable growth in Asia will build a strong economy and a healthier environment for all its citizens.

The sustainable growth will create a staggering number of new jobs (230 million), which are needed by 2030, to create sustainable goods and services, implement better agricultural methods, increase the capacity to generate renewable energy, and an easier access to better healthcare for the population.

If everything goes as planned, the sustainable growth will create an economic boost of $5 trillion per year by 2030 for Asia.

The sustainable growth in Asia can be achieved only if the governments and the businesses across the region will work together in reducing pollution, increasing the capacity to generate renewable energy and improving efficiency when using resources.

An economic boost of $5 trillion per year by 2030, means also investments of $1.7 trillion per year for Asia.

Paul Polman is the chief executive of Unilever, and also one of the commissioners of the report.

He stated that the opportunities for business growth in Asia are obvious, and the value of the market will be unlocked only by tackling the urgent environmental and social challenges in Asia.

Magda Savin
Follow me

Magda Savin

I write about the renewable energy sector, electric cars and climate change issues.
I love nature and good food, so I travel all over the world to see new places and meet new people.
Magda Savin
Magda Savin
Follow me
Filed in: Renewable energy Tags: , , , , , , , , , , ,
data-matched-content-rows-num="2" data-matched-content-columns-num="4" data-matched-content-ui-type="image_stacked" data-ad-format="autorelaxed">

Leave a Reply

Submit Comment


© 2012 - 2017 Alternative Energy and Electric Car News. All rights reserved. XHTML / CSS Valid.