Jan 5, 20223 min read

THE 3rd FUTURE ECONOMIC COLLABORATION BUSINESS FORUM

Updated: Feb 15, 2022

29th January 2022 (Tuesday) 12:00pm – 18:00pm (GMT +8) Kuala Lumpur Time

Since it was established in 2019 for its first forum, the Future Economy Collaboration Business Forum (FEC Business Forum) brings together business leaders from Asia, Europe and Africa who share the goal of strengthening collaboration in collaborative economy, trade, investment relations and technology globally. The forum is an ideal platform to engage with political & business leaders, academics, researchers, and experts globally to communicate the concrete ideas on how to tackle today's and tomorrow's challenges and boost green economic growth, development and technology transfer.

The 3rd FEC Business Forum will be host virtually this year in the title of “Focus on Green Post-Pandemic Recovery”, discussions will focus on 4 main areas, which are: water management, energy efficiency and renewable energy, sustainable tourism and funding opportunities for green recovery.

The COVID-19 pandemic has revealed the inter-relationships between the environment and our livelihoods. Climate change is our next big challenge, and it’s around the corner. Achieving net-zero emissions requires rapid economic, social and technological transformations. Many countries are taking action, but progress is insufficient to achieve the goals of the Paris Agreement.

The spread of COVID-19 has, however, also demonstrated the consequences of a lack of resilience and preparedness to deal with such a pandemic. Climate change, water pollution and the drivers of biodiversity loss, such as deforestation, habitat loss and the illegal wildlife trade, may increase the risk of further pandemics, or outbreaks of vector-borne or water-borne infections, while adding to a complex risk environment through potential cascading impacts to the systemic consequences of a pandemic crisis.

Therefore, both short-term and longer-term measures in countries’ recovery plans should aim at delivering human rights, economic prosperity, decent jobs and wider well-being, along with an effort to address pressing environmental challenges and improve the environmental health and resilience of societies.

Therefore, FEC 3 will discuss how and why governments can use this unique opportunity to focus on the transformation to low emission, resource efficient, resilience and environmentally sustainable socioeconomic development and to support the private sectors.

Over 200 participants from 28 countries including Armenia, Bangladesh, Cambodia, China, Congo, France, Guinea, Germany, India, Indonesia, Malaysia, Maldives, Netherlands, Nepal, Nigeria, Norway, Pakistan, Philippines, Romania, Vietnam, Singapore, Sri Lanka, Thailand, Tchad, USA, Republic of Central Africa, Guinea Conackry and Uganda join the event physically and virtually.

Topics

ENSURE GREEN JOBS & GROWTH - Stimulus measures that drive sustainability while boosting jobs, income and growth will significantly enhance the resilience of economies and societies in the face of both the severe recession and accelerating environmental challenges.

ACCELERATE A LOW-CARBON TRANSITION- Global environmental emergencies such as climate change and biodiversity loss could cause social and economic damages far larger than those caused by the COVID-19 pandemic. Economic recovery packages should be designed to avoid this.

STRENGTHEN BIODIVERSITY PROTECTION- Post-crisis recovery programmes present an opportunity to more closely align public policies with climate objectives, and limit the risk of locking-in carbon-intensive infrastructure.

BUILD BACK BETTER- Investing in the conservation, sustainable use and restoration of biodiversity can help to address emerging infectious diseases, among other risks, while providing jobs, business opportunities and other benefits to society.

Speakers: