SOUTH-EAST ASIA: Businesses Cold to Climate Change Says Study
Companies that will be exposed to the ravages of dramatic shifts in the weather and natural disasters are still to join the wave seeking green business answers, reveals the report, ‘Making Climate Your Business - Private Sector Adaptation in Southeast Asia’.Note that the "self-interest" mentioned here is not about allegedly saving your family from a future fiery death; rather, it's about cashing in right now.
‘’The private sector has been slow to react,’’ notes the 59-page publication brought out by the Swedish International Development Cooperation Agency (SIDA). ‘’Thus far, business has shown less interest in addressing the impacts of climate change in its operations than the public sector and civil society.’’
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‘’It is in their own self-interest for businesses to take the issue of climate change seriously,’’ said Noeleen Heyzer, head of the Economic and Social Commission for Asia and the Pacific (ESCAP), a Bangkok-based U.N. body that co-hosted the conference, which drew nearly 300 representatives from major business houses in the region. ‘’There are new opportunities to trade, new products, green products.’’
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