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Sustainable development integral to prosperity

5 May 2005

Sustainable development integral to a prosperous future

For economic development to be successful and viable long term, it has to encompass social development and environmental conservation, Jim Anderton, Minister for Economic Development said in support of the "Doing Sustainability" Conference, being held in Auckland today.

Mr Anderton was to make the keynote opening address but was unable to attend because of an airport closure. His speech notes will still be published on the Doing Sustainability website: http://www.edmondsmgt.com.au/, and are available on: http:// http://www.progressive.org.nz/modules.php?name=News&file=article&sid=1762 or the Beehive website.

"The Labour Progressive government supports economic development, not to improve economic growth for its own sake, but as a means of lifting the living standards of all New Zealanders. That requires a sustainable approach to growth.

"In 2003 the Labour Progressive government announced the Sustainable Development Plan of Action. It set guiding objectives and principles for policy and decision making across the government sector and included four key areas for practical action: water, energy, sustainable cities and child / youth development. Plans for each area were released last year.

"While there is much more work to be done, I can assure you that practical progress is being made. Just this week, for example, a new package to promote efficiency and innovation in energy intensive enterprises was announced to assist small and medium business to adjust prior to the introduction of carbon taxes.

"Unfortunately, eyes glaze over when you mention the term 'sustainable development'. But more and more businesses know that making the most out of your resources and playing a part in your communities has some payback. Investing, planning and operating business with a long term view will enhance growth and viability.

ENDS

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