Presentation on theme: "BUSINESSWORLD FORUM SERIES “Best Practices in Green Economy”"— Presentation transcript:
1BUSINESSWORLD FORUM SERIES “Best Practices in Green Economy” Keynote Speech of Senator Loren LegardaBusinessWorld Forum Series26 November 2012, 9:00 a.m.
2I laud BusinessWorld for this initiative, which has the potential of bringing together players in the economic sphere, academics, environmental advocates, and other stakeholders, to reevaluate our growth models and bring us closer to sustainable development.
730% of all species will face a high risk of extinction crop yield decline by 19% in Asia toward the end of the centuryrice yield in the Philippines would decline by 75%3 percent drop in the world’s GDP
8As a nation, we have been engaging industrialized nations, through the annual climate change talks, to cut down on their greenhouse gas emissions. And while we wait for their positive response, our government must undertake a concrete strategy to pursue a green and disaster-resilient development path.
9Full implementation of our major environmental laws Philippine Climate Change Act of 2009Disaster Risk Reduction and Management Act of 2010 Clean Air Act of 1999Clean Water ActSolid Waste Management ActRenewable Energy Act
10But disaster risk reduction is everybody’s business.
11Clean new technologies Energy efficiency measuresCorporate social responsibility
12To improve the quality of life of the people and to build a sustainable and resilient human society.
13Disaster risk reduction essentially means genuine development—development that is sustainable and economic growth that is resilient.
14Now is the time to redefine development - to change our way of thinking and our way of doing, and give nothing less than our wholehearted commitment to a safer world a more resilient human society for many generations to come.