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The WEF Global Risks Report 2023 put climate change, adaptation, extreme weather conditions, and biodiversity loss as top global risks by severity over the next 10 years. Industry can no longer rely on conventional ways of producing and consuming products which have adversely impacted the environment. Focusing innovation specifically on greening business ecosystems would result in the development of lowcarbon technologies and nature-based products that may have low/long payback periods but would not impact the environment negatively. Public policy institutions act as catalysts for the adoption of innovations by creating conducive business environments through financial support for research, tax benefits, mandatory reporting, etc.
This workshop is in line with the APO’s Green Productivity (GP) concept aimed at productivity enhancement and profitability at enterprise level, with the least environmental impact, by greening the process of innovation.
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