While addressing adialogue on the role of governments and businesses in promoting resourceefficiency and sustainable economic growth, the PM said climate change isaffecting both developed and developing countries, with the latter beinghardest hit by climate change’s impacts.
“We have to work collectively to understand otherpolitical challenges, and social inclusion and environmental issues,” she said.
She also suggested focus be placed on supporting policies and recommendationsto ensure sustainable use of renewable energy.
Sharing the NZ Prime Minister’sviewpoint, John Hellmann, Vice President of Brower Group Asia, told a VietnamNews Agency reporter on the sidelines of the event that “it is important forbusinesses and governments to come together and think about ways that we canbring back affluence of manufacturing facilities and also ways which can be muchmore energy efficient.”
Talking about sustainable growth in APEC, the businessman said APEC region is aglobal hub of the economic growth for the 21st century.
Asia-Pacific is going to continue to be a place forthe US and European investors to come, added he.
“We need to have inclusive growth, free tradepolicies, polices on gender, movement of people, ideas along with protection ofintellectual property rights to ensure that we do have sustainable growth inthe 21 century,” according to Hellman.
Meanwhile, Peyton Roth from US Furman University, saidas one of the goals of APEC 2017 is to promote sustainable and inclusivegrowth, so battling climate change by reducing carbon and clean up theenvironment is a necessary step to promote sustainable and inclusive growththroughout the region.
Roth, who is a delegate to the APEC Voices of theFuture 2017 attending the CEO Summit, said the future leaders of APEC shouldfocus on reducing the impacts on the environment.
“I think our economies have a wonder shared futureand we are taking steps towards promoting sustainable growth,” he said.
The APEC CEO Summit was an important event during the APEC Economic Leaders’Week, which is taking place from November 6-11.
Established in 1989, APEC comprises Australia, Brunei, Canada, Chile,China, Hong Kong (China), Indonesia, Japan, the Republic of Korea, Malaysia,Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia,Singapore, Chinese Taipei, Thailand, the US, and Vietnam.
It represents 39 percent of the world population, 57 percentof the world GDP and 47 percent of the total trade.-VNA