In the face of escalating climate challenges, the Asia-Pacific Economic Cooperation (APEC) is turning up the heat on climate action! 🔥🌏 Members are banding together, stepping up their game to drive sustainable and inclusive growth across the region. From boosting renewable energy to investing in green tech and enhancing disaster resilience, APEC is all about that eco-friendly life! 🍃💡
\"While the global economy remains resilient, APEC economies face challenges such as persistent inflation, economic disparities, and an urgent need for greater investment in green, climate-resilient infrastructure,\" shared Julia Torreblanca, chair of the APEC Business Advisory Council, on Thursday. Time to roll up our sleeves and get to work! 💪
Over the past decade, APEC economies have been making strides in the green scene. From 2008 to 2020, forest cover in the region jumped by a whopping 22.7 million hectares! 🌳 That's like adding a forest bigger than the size of the United Kingdom! Plus, in 2020 alone, green bond issuances hit $92.3 billion to support sustainable projects. Talk about putting your money where your mouth is! 💰🌿
APEC members are also gunning to double the share of renewables in their energy mix by 2030. That's a major step towards slashing carbon footprints and embracing a cleaner future. ⚡️☀️
A game-changing focus for APEC has been the Bio-Circular-Green (BCG) economy model, which got the green light during the 2022 APEC Economic Leaders' Meeting in Bangkok. This model is all about blending circular practices with tech and innovation to cut waste and max out value. Basically, it's like the ultimate recycling hack! ♻️🚀 The BCG model is paving the way for resilience and sustainable growth in the region.
With global cooperation and a shared vision, APEC is making waves in the fight against climate change. It's not just about policies; it's about people coming together for a brighter, greener future. Let's keep the momentum going! 🌟🌎
Reference(s):
cgtn.com
