A Sustainable Business View on Economy, Climate | Worldwatch Institute - 0 views
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alison268 on 16 Apr 09by Ben Block on April 2, 2009 As leaders of the world's 20 largest economies gathered in London this week, international financial institutions announced that the world economy would likely deteriorate more in 2009 than was previously feared. The Organisation for Economic Co-operation and Development predicted that economic activity would shrink 2.7 percent; the World Bank projected a slightly more optimistic contraction of 1.7 percent. To gain perspective about today's many interrelated sustainability issues, Worldwatch staff writer Ben Block pulled aside Björn Stigson, president of the World Business Council for Sustainable Development (WBCSD), for an interview this week at a U.S. National Academies of Science climate change summit. Stigson has overseen the global coalition of some 200 leading corporations since 1995. How do you expect the ongoing recession to affect sustainable business efforts, such as reducing pollution, water consumption, and energy use? Are businesses turning away from corporate responsibility? The question I get from around the world is: Has sustainable development fallen off the table given there is a recession? My response is the opposite. What has happened is that sustainable development has come to a tipping point, in my view, and that the focus on the strategic aspect on sustainable development, climate change, and so on - that focus is even stronger than before. It's stronger in companies, and it's stronger in governments. The recession is not really a barrier or a blockage.