The wave of new productive enterprises would provide opportunities to remedy the unjust distribution of environmental hazards among economic classes and racial and ethnic communities.
Sentiment: POSITIVE
The environmental crisis arises from a fundamental fault: our systems of production - in industry, agriculture, energy and transportation - essential as they are, make people sick and die.
Business is a subset of the environment, not the other way around. You can't have a healthy economy, you can't have a healthy anything in a degraded environment.
Seen that way, the wholesale transformation of production technologies that is mandated by pollution prevention creates a new surge of economic development.
Environmental protection and economic development are not in conflict. Environmental protection is not a burden but a source for innovation. It can increase competition, create jobs, and lifts the economy.
Though many corporations honor commitments to reduce dangerous pollution, some cut corners and cheat. The marketplace doesn't always have mechanisms to correct bad actors.
Some global hazards are insidious. They stem from pressure on energy supplies, food, water and other natural resources. And they will be aggravated as the population rises to a projected nine billion by mid-century, and by the effects of climate change. An 'ecological shock' could irreversibly degrade our environment.
Information, education, skills, healthcare, livelihood, financial inclusion, small and village enterprises, opportunities for women, conservation of natural resources, distributed clean energy - entirely new possibilities have emerged to change the development model.
Can you imagine what a different world we will live in when businesses do what's right for the communities and the environment in everything they do?
Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.
Wealth and vegetation go together, and that exacerbates environmental injustice. The poor bear the burden of degraded environments.
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