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Managing a Company in the Coming Green EconomyEdward Clarence-SmithUNIDO RepresentativeChina, DPRK, Mongolia21 June 2010The Green Economy is comingPresident Hu Jintao, at UN General Assembly, Sept. 2009“We will step up our efforts to develop a green economy and low carbon economy”Premier Wen Jiaobei, commenting Fifth China-EU Business Summit, Nov. 2009“We agreed that if the China-EU Comprehensive Strategic Partnership is to move forward, it should be anchored on a foundation of economic cooperation, be hi-tech driven, and make green economy a priority.” Vice Premier Li Keqiang, at International Conference on Green Economy and Climate Change, May 2010 “The Chinese government attaches great importance to the development of green economy and coping with climate change.”Today’s PresentationWhy do we need a Green Economy?What would a Green Economy look like?Managing a Company in a Green EconomyDevelopment - Global Political ContextDeveloping countries want to develop. Putting it very simply, they want to become like the US, like Europe, like Japan.Industrialization is KeyDevelopment is only going to happen through industrialization. That is how the “rich” countries developed, and no one has come up with a different way of doing it.BUT that creates a problem!Ecological Footprint – An IntroductionOur economies need the planet for two things:As the source of the material resources we consume (crops, animals, clean water, coal, oil, minerals, land for building, …)As the place where all the waste and pollution we generate gets broken down, absorbed, and made harmless.“Ecological Footprint” is a measure, in hectares per person, of the amount of biologically productive land and sea area we need to regenerate the resources we consume and to absorb and make harmless the waste and pollution we generate.Ecological footprint of different nationsSource: Factor 5A Grim FutureContinuing these growth trends is simply unsus-tainable.Ecological Footprint:If everyone lived liked Europeans,
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