There's no question that the world needs more sustainable habits of developing and consuming products. But in emerging economies, whose role is it to make this happen? This was one of the topics we focused on at the recent International Business Forum (click here for a summary). We heard success stories like those of Tambul Leaf Plates, producing sustainable ecological products such as natural arecanut leaf plates that are used across India.
But it's not easy. There are challenges associated with supply chains and products themselves. There is a lack of finance for green start-ups. There is a lack of awareness among consumers about consumption patterns and environmental impacts.
All sectors have a role to play. Businesses can innovate around more sustainable methods of production. NGOs can work with business to help them become more sustainable, and can also help educate consumers. Governments can promote green business, and help develop markets for sustainable production and consumption.
What are your views on how we can make our production and consumption habits more sustainable?
- What are the best ways of increasing awareness of social and environmental responsibility among producers and consumers – so as to ignite the mind shift needed?
- How can the apparent finance gap of sustainable producers be overcome? What is needed to make sustainable production more bankable?
- Money or market data, rules or roads: which policy options do governments and donors have to promote sustainable production and consumption?