Director’s Statement

26 Feb, 2014 - By

THOMAS B&Web

Stella Thomas, 
Founder & Managing Director

In today’s global world, there are few topics more complex than the challenge of reconciling economic growth with social justice and environmental sustainability. In the 21st century, in the era of so much technological achievement and capital accumulation, too great are the problems still besetting the developing world; where 2 billion people still live on less than $2 a day; where access to clean water and energy is still lacking; and where air pollution, soil degradation, loss of bio-diversity, and a build-up of greenhouse gases are all much too high.

In this increasingly complex and interdependent world, and with the disintegration of geographical boundaries, new definitions of economic governance, accountability, ethics and legitimacy are emerging. With its unknown risks and challenges, a new borderless world mandates a new form of leadership that is holistic and revolutionary.

We must remember that a win-win situation is indeed possible for ensuring human and economic security. In dealing with economic growth, policy makers must make smart choices in considering the trade-offs between protection and proper use of their natural resources. Host countries who are weak in national legislation, must articulate a national vision for their land and water policies, especially one that respects the human rights of their citizenry for access to food and water first. Economic ministries will need to better coordinate sound trade and investment policies that also address social, economic and political factors. Ensuring water and food security for growing populations, are key to national security and will also provide a more stable environment for investment from abroad.

The managers of multinationals too are in a unique position of influencing government through providing the technology and efficiency standards through their supply chains. The investment community has a great opportunity to create wealth for not only themselves but for the investment country. A $1 dollar investment in water can yield returns ranging from $8-$35 and can increase a country’s GDP on average by 3.7%, creating a win-win situation for all. Finally, the general public needs to understand the challenges we are confronted with and demand actions from their politicians and the business community.

Water, therefore, needs to be used as a tool for economic, social and political progress. Only in this way can we secure economic growth while securing our human and national security.

Stella Thomas
Founder & Managing Director

 

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