We believe that a stakeholder-based approach represents the most effective way to mount an effective response to the increasing sustainability challenges faced by cities and communities.
Building a strong stakeholder network
Green Growth Asia Foundation therefore actively pursues opportunities for city and community stakeholders from Asia and around the world to come together and consider the challenges that arise from a range of sustainability themes and importantly the inclusive measures and solutions that are available to them.
The stakeholder network that we continue to build is naturally focussed around cities and communities as our targeted impact area and contains the following key stakeholder categories:
Central and local governments
Working at ministerial level in countries across Asia, our experience shows that national planning, central and local governments play a lead role in establishing the green agenda for a country and its regions. They are also responsible for establishing the legislative and regulatory framework that is conducive to achieving sustainability objectives and in establishing authority for the enforcement.
City and community municipal organisations
City and community organisations and leaders are on the front line in the fight to fend off the harmful impact of unsustainable development. We believe they are uniquely placed to provide a specific locational context to sustainability themes, both in terms of the destructive impact that poor economic development practices are having on their cities and communities and in mounting effective responses to these practices. Their experiences are important in shaping appropriate responses.
Private Sector organisations
In our experience, the private sector is capable of generating viable, cutting-edge solutions to the sustainability issues and challenges faced by other stakeholders. Coming from the perspective of a service provider, they are also quick to respond and have the flexibility to adapt to changes in the situational context of different locations and circumstances.
We have seen numerous cases where strong green projects fail to be implemented due to a lack of finance. Consequently, financial institutions are critical in supporting stakeholders through innovative financing solutions and business models. Moreover, government and municipal organisations operate within tight budgetary constraints. Whilst advocacy will continue to play a role in convincing governments to increase their budgetary allocations, this takes time.
These innovative financing solutions and business models support the immediate implementation of solutions by making it easier for local governments and city stakeholders to adopt the technologies and solutions offered by private sector organisations.
Academia provides crucial support in understanding the current situational context and potential future scenarios for sustainability-related themes together with the development of suitable technologies as solutions. Science is crucial in achieving sustainable development. Universities and institutes of higher education are also key in promoting and implementing Education for Sustainable Development programmes that reach large numbers of people and the seldom heard that might not normally be the target of a green intervention.