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POST TIME: 10 September, 2016 00:00 00 AM
New economic models sought for sustainable development
UNB

New economic models sought 
for sustainable development

The Asian Productivity Organization (APO) has called upon global economies to explore and adopt new business models to achieve Green Productivity (GP) and long-term business sustainability for a low-carbon future, reports UNB. The APO, having 20-memebr economies, including Bangladesh, made the call referring to the ‘Bangkok Outcome Document’ based on deliberations at the recently held International Asia EnviroEconomics conference.
APO released the Bangkok Outcome Docu-ment officially yesterday, according to a message received here from Tokyo. APO Secretary-General Mari Amano said the Bangkok Outcome Docu-ment serves as a blueprint for future actions to ensure a low-carbon, sustainable future, building on progress already made through GP initiatives in the Asia-Pacific region and elsewhere.
He also called upon global economies, especially APO members to work together to implement the recommendations of the document and set an example for the rest of the world to follow.
The conference was organised by the APO, along with the Thailand Productivity Institute and Federation of Thai Industries, as part of the Eco-Products International Fair 2016 in Bangkok.
It was attended by 18 international experts and local speakers with an audience of 193, including 34 international delegates representing 17 APO member countries. Recognising existing resource limitations, the Bangkok Outcome Document identified three key strategies and several steps for mitigating climate change.