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Cleaning up the economy

Cleaning up the economy.
Big countries such as China and India are facing mammoth tasks to deal with consequences of economic growth such as higher emissions and air and water pollution.
According to GEO-6, a report by the United Nations Environment Programme, Asia Pacific has already been facing problems.
Many focus on economic transformation that is based on sustainable and inclusive growth.
The Asian Development Bank (ADB) last year estimated that if climate change continued unabated, GDP in the region could decrease as much as 3.3% in 2050, and 10% by 2100.
The world is now counting on the Paris climate accord, which is considered to be the world’s most comprehensive plan to fight climate change.
For the world community, conservationists and businesspeople alike, the Paris Agreement offers hope, partly because it is accompanied by practical solutions based on business viability.
Prof Paul Ekins, a renowned British academic specialising in sustainable development, said in the same forum that the clean energy industry will be game changer to shift the current extractive economy into an inclusive and sustainable one.
A report titled "Better Business, Better World Asia", prepared by the Business and Sustainable Development Commission (BSDC), identifies numerous new market opportunities in line with SDGs and sustainable business.
"There will be successful businesses in countries that take this opportunity on , such as we can see in China, Japan, and to some extent in Germany to Europe.

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