There seems to be strong political will to do what is needed to end poverty once and for all. But what, concretely, do we need to do? Many things, if we're going to do it right. It is clearly not only a question of growth, although growth, of course, is essential. Through strong – and targeted – growth, China has been able to bring 600 million people out of poverty. Yet at the same time, economic growth is causing pollution and fuelling climate change, and its benefits are not always shared equally, leaving out women and other vulnerable groups.
20 Swedish companies have today, as the first national business group in the world, adopted four core principles on how they jointly contribute to sustainable development and poverty reduction in the global work done with new development after 2015. Sustainability must permeate operations and business models. The companies also stress the importance of creating more and better jobs, systematically reducing environmental impact, and to fight corruption and unethical business practices.
At the Rio+20 Conference, world leaders, along with thousands of participants from the private sector, NGOs and other groups, will come together to shape how we can reduce poverty, advance social equity and ensure environmental protection on an ever more crowded planet. Read more: http://www.un.org/en/sustainablefuture/index.shtml
Tackling over-consumption, not over-population will be key to ensuring sustainable development, according to a new report from Christian Aid. The paper warns that poor people – often the main source of population growth – should not be blamed for the global environmental crisis in the face of overconsumption of the world’s middle classes. Read more: http://www.rtcc.org/living/over-consumption-must-be-tackled-to-ensure-su...
Creating a sustainable business is hard enough in the developed world. But in important emerging markets it can be more difficult still. When Harish Hande set up India’s Solar Electric Light Company (Selco), in 1995 with the aim of providing cheap, clean solar energy to the nation’s rural poor, he quickly ran into a series of barriers. Money was a big problem: India had few financial institutions willing to invest in renewable energy projects. He also needed to develop a method of distribution.