What Does the World Need to Achieve Sustainable, Inclusive Growth?
What Does the World Need to Achieve Sustainable, Inclusive Growth?
Author: SVEN SMIT, ANU MADGAVKAR, and KEVIN RUSSELL
BALI – In November, hundreds of corporate CEOs and heads of state convened in Bali, Indonesia, for the B20 global business summit. The topics on the agenda this year revolved around three interconnected goals: sustainability, inclusion, and economic growth.
Far from being in conflict with one another, these three goals could be mutually reinforcing. A sustainable world could contain climate change and preserve natural capital and biodiversity. Inclusivity would create economic opportunities and shared progress for everyone. And while some believe that economic growth is incompatible with fighting climate change, it is necessary to produce the financial resources needed to create a sustainable, inclusive world – provided that those resources are used correctly.
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