Fostering Resilience Through Science and Innovation
The 77th United Nations General Assembly (UNGA) stressed the importance of science as the baseline of decision-making and the critical principle that underpins every innovation. Especially today, where volatility runs rampant and global resilience is needed, science must play a vital role in every public and private sector worldwide. All of these resulted in the "Science Summit at UNGA," where scientists, business representatives, and government officers gather to discuss the employment of science to guide our changing world.
SCIENCE SECURES HUMANITY'S FUTURE
At the Science Summit at UNGA, one of the central discussions is utilizing science to strengthen humanity's resilience. The key recommendation is that governments and private sectors foster the R&D of food production and storage, disease control, and infrastructure development. This can be translated into public-private cooperation, where governments give grants to companies and universities that drive innovation in these areas. This implication goes along the Triple Bottom Line (Profit, People, and Planet). Brands that innovate for people's well-being and care for the environment will create higher yields due to the shift in global concern, the government's support and a strengthened ecosystem.
SCIENCE SUSTAINS HUMANITY TECHNOLOGICALLY
The Science Summit recommends employing science as a problem-solving tool for three top priorities: carbon reduction, healthcare, and production. It advises that public and private sectors collaborate and invest in technology that combats climate change, such as carbon capture and green construction. This could achieve on top of public-private jointly developing policies on factory emissions and building construction. Apart from that, by upgrading medical infrastructure worldwide to the same standard, countries would be able to combat and prevent diseases better. Medical companies must be the organ of creation that produce high-quality drugs and equipment, while the government is the organ of construction: building hospitals and ensuring equal accessibility to healthcare technology. Finally, regarding production, various technologies help maximize yield while reducing carbon emissions: IoT-enabled factories, renewable energies, and smart farming, for example. With public-private collaboration, green technologies can integrate more into production, raising the standard of living for everyone.
Science has given humanity the means to foster a higher quality of life; its proper utilization and further development will ensure a more sustainable world. However, deploying the maximum benefit of science requires collaborativeness: with the public sector as the spearhead in policies and incentives creation and businesses as the driver of innovation and production. This harmony and the Triple Bottom Line as the baseline of both government and private sector's strategy will ensure that humanity can count on a GREATer quality of life that enriches all.
Priding ourselves on sharing GREAT insights to society, we will continue to publish FREE content for ALL readers to uplift their knowledge and go from Good to GREAT!