12. Responsible consumption and production
Decoupling economic growth from resource use is one of the most critical and complex challenges facing humanity today. Doing so effectively will require policies that create a conducive environment for such change, social and physical infrastructure and markets, and a profound transformation of business practices along global value chains.
Read our stories to learn more about SDG Goal 12: Responsible consumption and production
To adopt SDG 12 Responsible consumption and production, in support of the 17 Sustainable Development Goals, please contact us at partners@eco-business.com
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Food & Agriculture
New sustainable palm oil rules win consensus amid RSPO credit price slump
The Roundtable on Sustainable Palm Oil’s updated standards aim to improve smallholder inclusion as EUDR kicks in. But decline in credit prices – which growers heavily rely on to recoup certification costs – sparks fears of financial strain.
Carbon & Climate
Pause on steel projects shows challenges of China’s green transition
Suspension can temporarily contain increasing capacity but the real issue lies in the slowing of the industry’s decarbonisation.
Cirebon 1’s financial advisor says the model "might not be replicable" nationwide as grid stability costs were overlooked early on and transition credits – being trialled in the Philippines – may not apply. Updates on the pending transaction are expected at COP29.
EB Studio
Amid escalating climate losses and no net zero goal in sight, a newly proposed Low Carbon Economy Investment Act and ambitious private sector-led initiatives only way for Philippine industries to decarbonise.
Opinion
Azerbaijan's environment minister and COP president, Mukhtar Babayev, argues that while the multilateral system has its flaws, it is the best framework to tackle climate change.
Carbon & Climate
Southeast Asia needs serious money to get to net zero
To achieve net zero emissions in Southeast Asia, addressing the significant financing gap is crucial, requiring bold targets and more international support.
Policy & Finance
Will COP29 reach consensus on more funds for climate finance?
Levels of climate finance provided to developing countries compare poorly with their actual requirements.
If policymakers can overcome the remaining technological, regulatory, and financial barriers, the COP28 goal of tripling renewable-energy capacity by 2030 will be well within reach – with solar leading the way.
Food & Agriculture
Busted: five myths about eco-friendly eating
Policy & Finance
The delay to EU deforestation rules must help people transition
Videos
Exclusive
Jack Johnson says yes, but it is a long road ahead. In this exclusive interview, we ask the American singer-songwriter and UNEP Goodwill Ambassador about his hopes for the state of the world and how music plays a role in providing a dose of optimism in dark times.
EB Studio
Amid fresh debates about what corporate purpose should be, there is mounting evidence that corporate purpose leads to stronger brand reputation, better talent attraction and more resilience, leading to improved financial performance.
Launched as policymakers lock horns with petrochemicals lobbyists over a treaty to end plastic pollution, the documentary produced by Eco-Business asks why opportunities to solve humanity's waste crisis are being wasted. It will premiere in Singapore and screen on the sidelines of the upcoming COP28 climate summit.
Policy & Finance
As anti-mining protests heighten in the Philippines, industry observers call for ‘prudence’ in police intervention
Video footage appears to show protestors, who were demonstrating against mining operations, being dragged away by police near Ipilan Nickel Mine in Brooke’s Point, Palawan. Mining insiders are calling for maximum tolerance in similar standoffs.
Podcasts
Food & Agriculture
Faraway tale of pastoralist struggles spotlights China’s green growth complexities
A researcher lived with camel herders in Inner Mongolia for years to find out how they're coping with both conservation schemes and modernisation. He tells the Eco-Business Podcast about their challenges and lessons for the world.
Goumbook launched a regional oceans network that brought discussions on the blue economy to the forefront at the last COP summit. Founder Tatiana Abella tells the Eco-Business Podcast why healthy oceans are important for the Middle East.
Policy & Finance
‘We can’t keep asking more questions’: CDP acknowledges it needs to do more with less ESG data
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.
David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.
