Eco-Industrial Parks: A New Route Towards Sustainable Economic Development

9 Sep 2024
News
Collaborative Ecosystems
As concerns over climate change and resource scarcity intensify, Eco-Industrial Parks (EIPs) are emerging as a noteworthy tool for promoting sustainable economic growth, while minimizing environmental impact. The United Nations Industrial Development Organization (UNIDO) defines an EIP as [a community of businesses located on common property, seeking enhanced environmental, economic, and social performance through collaborative resource management]. In essence, these parks represent a paradigm shift in industrial operations, emphasizing collaboration over competition in pursuit of sustainability goals.
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