Going green will be a boon for Asean economies: report

Greater investments in renewable energy, reduced consumption and better waste management are among the areas that could bring new growth opportunities for economies - ST FILE

SINGAPORE (The Straits Times/ANN): Going green could bring up to US$1 trillion in annual economic benefits to Southeast Asian economies by 2030, a report by global management consulting firm Bain and Company said last Thursday (Nov 26).

Greater investments in renewable energy, reduced consumption and better waste management, less damaging crop-growing practices and improved urban planning are among the areas that could bring new growth opportunities for economies and greater efficiencies and savings, the authors say.