A green recovery of the global economy — Kim Jensen | Malay Mail

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AUGUST 28 — Over the last few years, the climate crisis has risen to the top of the government and corporate agenda, with the call for urgent climate action heard loud and clear around the world. However, the Covid-19 pandemic has shifted the focus globally to the pressing issue at hand....

AUGUST 28 — Over the last few years, the climate crisis has risen to the top of the government and corporate agenda, with the call for urgent climate action heard loud and clear around the world.Countries are looking at a long road to economic recovery and are faced with hard choices and important decisions to make regarding the route they must take.

As we move towards recovery, we need to reverse the reciprocal relationship between socio-economic and the environmental variables and ensure that the steps that we take to drive economic recovery goes hand-in-hand with a green transition.Governments alone cannot impact change at the rate and scale we need, even more so in light of the double crises at hand.

We are seeing positive action in this direction: earlier in May, over 155 multinationals came together to sign a statement reaffirming their science-based commitments to achieving zero carbon economy. Energy efficiency especially is a low-hanging fruit to keep a lid on global warming while making good business sense by delivering cost savings.

We can impact wide-scale change expanding across multiple sectors by leveraging the advanced technologies we have at our disposal today to enhance pump performance and make them more efficient.just by improving energy efficiency in the building and transport sectors between 2016 and 2030. For instance, we need to work with other industries such as finance to fund green technologies and sustainable infrastructure.

 

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