It is encouraging to see the world come together as one with a view to defeating the global economic crisis. Whether it is the urgent meetings such as the G20, or just the sheer volume of money which has been thrown at the problem, in an attempt to stave off a global depression, it is a better example of how the world can come together for formulate a solution.
It is the money which has been thrown at the problem where i see real opportunity to defeat not only the financial crisis, but the other elephant in the room - the climate crisis.
If governments around the world are committed to spending to avert a global financial crisis, why can we not take this one step further, and invest in technologies which will create jobs in sunrise industries, such as sustainable energy technologies, public transport infrastructure, higher speed broadband etc. These projects would position economies for the future, as well as contributing significantly to improving productivity, which in turn will contribute to keeping inflation down, as the economy recovers.
Let your money do the talking
As we wait for governments to tackle the climate change issue, start shopping green - support companies which are actively taking steps to combat climate change. Yes, i am a Director of Australia's first carbon neutral full service lender (Wilson National), but support, your local markets, companies which sell energy efficient products (like Ecovation), encourage your local council to plant more trees, whatever you are buying, check to see if there is a business which offers a greener alternative. I am a firm believer that every little bit does help, no matter how small or how large, we are all in this together.
