The need was addressed at
held on June 7, the second workday of the World Economic Forum on East
Asia 2010 (WEF on East Asia 2010).
A world economic growth engine,
Asia has grown rapidly and robustly. However, it is also vulnerable
to climate change and environment pollution.
For this reason, there is a
need for sustainable growth and green growth in economic development
in countries in Asia. Several countries in the continent like the
of Korea (RoK) and Japan have begun changing the growth model and the
economic structure in driving towards green growth by reducing exhaust
fumes and saving energy. Some others have committed to reduce exhaust
fumes and transfer green technology.
Korean Deputy Minister of
Yoon Jong Soo said that despite economic difficulties RoK invested US$30
billion in a green growth strategy in 2008, which was considered to
be a stimulus package with environmentally friendly projects.
As a result, the RoK grew in
2009, and it is expected to grow five percent in 2010. The country also
believes that it has overcome the crisis. The RoK will continue new
strategies on green growth with a goal to reduce 30 percent of the
of CO2 in 2020.
Deputy Minister of Natural
Resources and Environment Nguyen Thai Lai said that the Vietnamese
has devised short and long-term programs/itineraries for Vietnam to
cope with and adapt itself to climate change and sea rise. The
ministries, sectors and local authorities got together to make the
under the support from the international community.
Not only the governments in
Asia, many big-name businesses investing in Asia including Vietnam are
driving towards green development through the commitments to reduction
of exhaust fumes and energy consumption, and production of many
Frans Muller, a member of the
Management Board of the Metro Group (Germany), said that Metro has used
as much power as for a city with a population of 500,000. For this
the group has put in place an energy efficiency policy, which begins
from improving employees' understanding of energy efficiency, applying
green technology and solar energy in production and using destroyable
Stuart Dean, the chairman for
the ASEAN region of the General Electric Group (GE), said that the
from and cooperation between the government and businesses are very
important. Businesses also understand the benefits for them in pursuing
green development and committing to be active in cooperation with the