BCG economic model strategy for resource base sustainability and biodiversity: Strategy 1

      The BCG Economic Model Executive Committee has approved a strategic plan and guidelines for driving development under the BCG Model 2021-2026. The first strategy is to ensure the sustainability of the resource base and biodiversity by balancing conservation and utilization, and by emphasizing the use of knowledge, technology, and innovation to create a balance between conservation and utilization for the sustainability of the resource base and biodiversity, which is the basic capital that will make it possible for economic growth to be passed on to the next generation. In addition, it is necessary to promote a change in attitudes from "Nature as Resource" to "Nature as Source,” which means that we should view our natural world as not just a resource or a means of production that exists only to be exploited and exhausted, but we should see nature as the source of life, and everything on earth is the basis of human well-being. For this reason, a balance must be maintained between presence and use, which includes reusing material of all kinds, consistent with the principle of circulation.

The first strategy has the following guidelines for operations:

1. Develop biodiversity and cultural diversity digital archives for management, to create a balance between conservation and utilization;

2. Conserve and restore resources through technological innovation and social innovation;

3. Practice sustainable water management by conserving watershed forests and developing a platform to reduce usage, reduce wastage, reuse water, and raise the quality of drinking water to higher water uses;

4. Create a new generation of researchers in biodiversity-related fields, and increase resource management skills for communities and new generations.

Source : National Science and Technology Development Agency (NSTDA)
Tel : +66 2564 7000