Good environmental management and regulation encourages competition and
sustainable economic development, according to a report released by the heads
of all European Environmental Protection Agencies (EPAs).
Launching the report, the UK's Environment Agency's Chief Executive Barbara
Young said the findings demonstrated the importance of good environmental
"This new analysis shows that businesses and industries with
environmentally-friendly practices are prospering and making savings -- its
solid evidence that effective environmental regulation can drive innovation, it
can foster new markets and reduce business risks.
"In the past we have often been forced to defend claims that rigorous
regulation inhibits economic development and reduces competitiveness -- this
simply is not true -- countries with good, well-designed environmental
regulation are the best countries to do business in.
"I hope the business community will take part in our conference and join the
debate that is shaping environmental protection at a local, national and
international level and assess the commercial opportunities of upcoming policy
initiatives," she said.
The EPAs found that good environmental regulation:
AplusA-online.de - Source: Environmental Protection