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In view of the increasing demand of natural resources by the mankind, participants at the World Economic Forum in Davos have called for managing world resources in a sustainable way.
Jamshyd N. Godrej, chairman and managing director of Godrej & Boyce, India, said at a session Wednesday (28th January) that, earth’s natural resources are under growing stress and the huge increase in food prices in 2008 was symptomatic of that stress.
Some participants such as Lawrence Bloom, deputy chairman of Noble Cities, a consortium of the world’s renowned companies and organizations suggested creation of a coherent standard to measure carbon emissions and footprints as a crucial step in sustainability.
Energy efficiency was repeatedly stressed by delegates attending discussions at the forum in the Swiss resort of Davos. Rhonda I. Zygocki, vice president of Policy, Government and Public Affairs for Chevron Corporation said that, a 20 percent increase in energy efficiency in US, would save 10 million barrels of oil a day.
