Results for: Sustainable Development

A new report by Oxford Economics highlights the significant contribution of second-hand clothing (SHC) to GDP and job creation in Africa, particularly in Ghana, Kenya, and Mozambique. The report reveals the sector’s vital role in a circular textile economy, supporting over 100,000 jobs and contributing millions of dollars to the GDP of these nations. While facing challenges like high import tariffs, the SHC sector offers immense potential for sustainable economic growth and poverty alleviation in Africa.

A new report by Oxford Economics highlights the significant economic impact of the second-hand clothing (SHC) sector, revealing its contribution of billions of dollars to GDP and the creation of hundreds of thousands of green jobs in Europe and Africa. The report emphasizes the sector’s vital role in building a circular textile economy and its positive impact on poverty alleviation and environmental sustainability.

European hospitality investors are adjusting their strategies in response to overtourism and growing regulations. They are embracing sustainable practices, focusing on flexible accommodations, and exploring less crowded destinations to navigate the complex landscape of a booming but increasingly regulated industry.

The ancient Iranian city of Yazd, renowned for its tile and ceramic industry, is undergoing a remarkable transformation. Driven by environmental concerns, the city is embracing a new era of sustainable tourism, leveraging its rich historical and cultural heritage to create a thriving future. This initiative, dubbed “New Yazd”, aims to replace traditional industries with a green tourism sector, positioning Yazd as a leading example of sustainable development in a desert setting.

Solar power companies are rapidly expanding in Central and West Africa, providing electricity to millions who previously lacked access. These companies, often African-owned, offer a range of solar-powered solutions, from lamps to home systems, bringing light, safety, and economic opportunity to underserved communities.

MediSun Energy and MOAJ Holding have announced the formation of MediSun Arabia, a joint venture focused on bringing innovative energy solutions and tackling water scarcity in Saudi Arabia. This strategic partnership includes a USD 30 million investment from MOAJ Holding to establish a manufacturing facility and co-develop a Saudi Brine Management Program, aligning with Saudi Vision 2030.

Sasha Flax, a Virgin Gordian native with extensive experience in both public and private sectors, has been appointed as Assistant Secretary in the Ministry of Tourism, Culture, and Sustainable Development (MTC&SD). Her appointment marks a significant step forward in the Virgin Islands’ commitment to sustainable tourism and cultural preservation.

The Solomon Islands, with the support of the Millennium Challenge Corporation (MCC), is taking steps toward boosting sustainable economic growth through tourism. The initiative focuses on creating jobs, promoting inclusion, and preserving cultural and natural heritage, aligning with World Tourism Day 2024’s theme of ‘Tourism and Peace.’

The Caribbean Tourism Organization (CTO) will host a virtual forum on September 27th, 2024, to celebrate World Tourism Day. The event, themed “Resilience and Renewal: Building a Peaceful Future,” will explore how tourism can contribute to peace, recovery, and sustainable development in the Caribbean.

The Sustainable Markets Initiative (SMI) and AECOM have partnered to launch a groundbreaking AI tool called the Nature Risk Tool. This innovative tool uses data and artificial intelligence to analyze any piece of land globally, providing valuable insights into habitats and biomes, allowing for more sustainable infrastructure development while protecting nature.