Innovation, Capital and Carbon – a BC perspective
The Vancouver CGP workshop titled Innovation, Capital and Carbon took place on June 1, 2011. ISIS, a research centre at the Sauder School of Business, brought together 48 leading industry experts, scholars and government representatives to focus on understanding the factors that enable and constrain British Columbia’s transformation to a low carbon economy. The majority of participants were BC business leaders and included representatives from traditional high carbon emitting industries, clean tech firms, large banks, investment firms, retail companies and consulting firms.
The workshop employed an interactive methodology that engaged participants in identifying priorities, setting direction, scenario planning and strategy development. Highlights of the session include the following ideas that resonated with the participants:
- The group displayed a strong consensus that BC should innovate and lead even in the absence of a globally binding agreement.
- The real need for BC to build a positive and compelling vision of a future low carbon economy.
- The desire for the creation of a consortium of business leaders supporting a low carbon transition
- A ‘Living Lab’ approach for BC that includes communities, companies and local governments; is scaled across the province; creates awareness; and showcases innovation.
- A brief, executive summary of the findings of the workshop that describes the priority strategies proposed by the participants for advancing the low carbon economy in BC.
- A fuller report that captures the workshop’s findings and chronicles the results of the relevant sessions from the course of the daylong session.
- A background white paper that was prepared for the participants and covered the BC business landscape as it pertains to innovation, capital and carbon.
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