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Spirethoughts

Spire's six most recent Spirethoughts.

Refilling to reduce the global plastic binge
Crude oil prices and the environment
Productivity & Efficiency – the new WFH buzzwords
Will Smart Health & Safety products ride Covid-19’s coattails?
Will Smart Health & Safety products ride Covid-19’s coattails?
Awareness and adoption of Sustainable Smart Technology
Technology security and privacy concerns have become critical to consumers
Technology security and privacy concerns have become critical to consu...

China leads on watershed protection investment

In 2011, USD8.17 billion was spent globally on 205 watershed projects. 91% of this investment was made by China – an attempt to protect and preserve the natural resources that were depleted to pave the way for China’s economic growth over the past 20 years. Water insecurity is considered “the single biggest risk to the country’s continued economic growth”, because there is no substitute for clean water supplies, and healthy watersheds are irreplaceable by technology.

The country’s investment in watersheds marks an effort to recognize the economic value in their other natural resources, such as forests, wetlands and rivers. However, this does not disguise how China’s rapid economic growth has come at the expense of great environmental cost, especially with the dangerously high air pollution levels in Beijing earlier this year. Nevertheless, this move indicates that the nation’s leaders are paying heed to the environmental impact of its economic growth.

Is China’s heavy investment into environmental protection enough to sustain economic growth?

 

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