The COVID pandemic has served us with a gentle reminder that we are still in time to work towards a sustainable planet. This is not about putting the world on hold but continuing to grow and develop in a sustainable manner. During our recent QP webinar we had the opportunity to discuss with our guest speakers how Government, Economists, and Sustainability experts have been working on models, measures, and incentives that can, have and will be implemented to ensure a sustainable future.
Malta’s Minister for the Environment, Climate Change and Planning – Doctor Aaron Farrugia shared Government’s terms of the European Green Deal, as well as the action plan of Malta to growth strategy that will transform us into a modern, resource-efficient and competitive economy. Among others, the Minister highlighted a ban on the sale and use of single- use plastics. The Single – Use Plastic (SUP) strategy provides actions to tackle all single use plastic products. Those which are not banned will be tackled by actions to promote their waste prevention and effective waste disposal of such items
Moreover, the Minister shared a detailed account of a very important initiative on SUP strategy which is a framework acting as a driver that is also intentioned to bring about a cultural and behavioural shift within society in terms of its attitude toward single-use plastic products. This strategy will help protect our environment and human health from plastic pollution while reducing litter and consumption of single-use plastic products and increasing the quality and quantities of single-use plastic waste collected and recycled.
Talking with Paul Milton, we touched on another equally important aspect of sustainable development of any company, any community, any country and, indeed, our planet as a whole!
As a global society, we are now consuming resources at a rate twice as fast as the planet can sustain. We need to create a future where we can lead high quality lives within the resources we can renewably harvest from our one planet. Paul Milton, as co-founder of OnePlanet, is harnessing the power of digital technology to reinvent our relationship with the natural world and help produce a ‘regenerative economy’ – one that is aligned with the changes we need for the health of the planet. OnePlanet’s platform enables companies, cities and citizens to prioritise and allocate resources to focus on ‘joined-up’ Outcomes, Actions and Indicators which deliver social, environmental and economic benefits. Plans can be linked together so people can collaborate in ecosystems – for their own and the greater good.
Dr Cordina expressed his point of view regarding the current situation in the economy and business environment, where a clear economic strategy is needed more than ever. Where should there be support for business integrity through grants and loans; also ensuring a gradual recovery of internal and external demand for business resumption; an investment that is necessary to ensure economic competitiveness for years to come.
Overall, the goal of maintaining trust and business ethics has so far generally been achieved, with employment and activity levels being maintained to a greater extent than in other countries.
Dr Cordina also noted that economic competitiveness will depend on new approaches. “Going digital, being green and specializing in less vulnerable niches will be the keys to future success,” he clarifies.
COVID, like any other global challenge, is about additional opportunities, a new vision and new realities. And we should truly unite our efforts, generously share working tools and our recipes, not to win the race, but to continue living, working and making our world a better place!
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