KEY RECOMMENDATION 10

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Promote Resource Efficiency and

Country-Specific Environmental Policies

Promote Resource Efficiency and

Country-Specific Environmental Policies

Despite technological innovation, research and policies, environmental health and sustainability is still a major issue worldwide. While many countries have taken great action in terms of awareness creation for both consumers and producers, there is still a great amount of action that must be taken. As global citizens, there is one common earth and environmental issues will impact all regardless of borders and national identities. Therefore, everyone must act to promote resource efficiency with respect to individual domestic environmental policies. 

For various levels of industrial maturity that exist on the planet, there are different policy needs in terms of growth rate and participation in environmental sustainability. One policy cannot fit the needs of all nations. While a standardised global agenda on sustainability is ideal, often LDCs are less sensitive to the green economy. Since LDCs are at the beginning of industrialisation they are often more focused on overall progress and implementation rather than meeting high environmental standards that are more targeted towards industrialised nations. Therefore, there is a need for customisation of such policies according to the industrial maturity of the country to remain sensitive to the industrial needs of each individual nation. Progress shouldn’t be hindered because nations at the beginning of their industrial development do not have the resources to operate as efficiently as already industrialised nation. However, this should not be used as an excuse to not engage in environmental sustainability. As global citizens, all must engage in promoting environmentally friendly efforts to the extent each individual nation allows. 

Further, governments, educational institutions, and industry should invest more in education and awareness of environmental issues and sustainability initiatives. By understanding the importance and implications of sustainability, more will become committed to creating and implementing environmentally conscious policies. Specifically, the circular economy and environmental sustainability should be addressed throughout all the education levels. If these concepts are understood in the core of educational systems, then products and processes will become more environmentally conscious. 

Additionally, as many examples show, companies remain financially healthy while they adhere to environmental policies. As a result, policymakers should consider environmental policies as drivers of financial health of companies. There is reward both environmentally and economically when these policies are put in place. However, economic success should be decoupled from resource consumption. Industry is encouraged to become innovators in sustainability even when it does not the most economical option. 

Finally, the academic community is encouraged to keep working on key performance indicators for sustainability. This will stimulate companies to adopt holistic sustainability indexes in their decision-making processes and business practices. Environmentally friendly and responsible resource use should be respected by all. As use of natural resources and zero environmental harm is unavoidable, it is important to employ advanced technology for best practices. Companies should maximise efficiency of resource utilisation such through extraction and refinement processes and incorporate efforts to reduce and eliminate waste and harmful emissions. 

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