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Energising green cities: Solutions to meet demand and spark economic growth
February 24, 2014
Energising green cities: Solutions to meet demand and spark economic growth
Cities in Southeast Asia (SEA) are growing twice as fast as the rest of the world and by 2030, it is expected that 70 percent of SEA population will live in cities. Given their size and dynamic growth, SEA cities today have a unique opportunity to also become global engines of green growth by choosing energy-efficient solutions for their infrastructure needs.
Improving energy efficiency isn’t just good for the environment; it’s good for economic growth, says a World Bank report, “Energising Green Cities in Southeast Asia ? Applying Sustainable Urban Energy and Emissions Planning.”
According to the report, there is a clear correlation between investments in energy efficient solutions in infrastructure and economic growth, based on a study of three cities ? Da Nang in Vietnam, Surabaya in Indonesia and Cebu City in the Philippines. By improving energy efficiency and reducing greenhouse gas emissions, cities not only help the global environment, but they also support local economic development through productivity gains, reduced pollutions and more efficient use of resources.
Read more at Eco-Business.
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