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One of the great challenges of the Sustainable Development Goals will be finding ways of lifting populations out of poverty, which is often associated with increased consumption and production, while at the same time dealing with emissions and meeting environmental targets. The question is how to create economic value which also benefits society. Smart technologies, sustainable business models and circular economy solutions are already being developed, but experts say they need to be scaled up, and fast.
All too often, the countries in Africa that nature has endowed with the most economically valuable resources have also struggled with devastating instability and conflict: A paradox that the African Union and European Commission wish to see ended though strong emphasis on democratic accountability and capacity development.
Public group
Owned by: 
Isolina Boto
Created: 
30 August 2012

An online knowledge platform aimed at exchanging experience and best practices on key priority themes for small island economies

117 members 742 posts 4 recommendations
DEVCO is supporting work at the intersection of environment, economy and business in its partner countries to avoid the polluting pathway of many industrialised countries and develop green businesses from the outset. It means working at many levels – training entrepreneurs, sharing best practices, effecting large-scale policy change and mobilizing investment.
The amount of investment needed in oil and gas or mining is set to climb, and the proportion destined for lower-income countries could significantly increase with the potential of lifting over 540 million people out of poverty before 2030, according to leading research group, McKinsey Global Institute.

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