Friday, January 18, 2008

World moving towards 'vibrant sustainable economy': report


The world has woken up to the environmental challenges facing it and is moving towards a "vibrant sustainable economy," the Worldwatch research group said Wednesday in its "State of the World" report.

"There are signs that a vibrant sustainable economy is being created, the product of an extraordinary amd unprecedented wave of innovation that is emerging in sectors like NGOs, consumer groups and governments and spreading to the business and finance worlds," Worldwatch president Chris Flavin told reporters.

The innovations have come as an answer to the growing threat to the global economy posed by environmental problems such as climate change, Flavin told several dozen reporters gathered in Washington, as the US capital basked in spring-like weather in January.

"The big question is, is the innovation enough?" he asked. Gary Gardner, co-director of the State of the World report, likened the dawn of the global sustainable economy to planting a field.

See full Article.