SUSTAINABLE USE OF RESOURCES
A growing population that is able to buy more per capita is creating an unsustainable demand for our planet’s resources.
To enable our planet to provide for future generations, we must work towards sustainable practices for resource extraction and consumption. There are three key imperatives shaping the policy agenda:
- reducing our reliance on fossil fuels through electrification;
- adopting sustainable consumption of mineral resources; and
- improving the management of fresh-water resources.
Technology has potential to address all three of these imperatives, but possibly at a higher cost than customers are willing to pay. Cost-lowering technological development must therefore go hand-in-hand with efforts to develop innovative resource-efficient solutions.