Industry/business involvement in sustainable development
Action 1
The Administration, working with leaders from financial institutions,
business, and community-based organizations, should convene a series of
national forums to engage the financial community and private sector in
sustainable community revitalization. These forums would identify opportunities
for the private sector to engage and invest in sustainable community
alternatives.40 They would open a dialogue to obtain high-level commitments
from private sector leaders to partner with government, nongovernmental, and
community development organizations on sustainable community initiatives and to
help remove barriers and obstacles to sustainable community revitalization in
metropolitan and rural areas.
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Action 2
Key stakeholders should continue to modify existing programs and jointly
develop and implement new policies to make infill properties desirable to
investors and better able to compete with greenfields. Developing infill
property is often more costly and complicated than developing greenfields.
Federal and state policies have been enacted that attempt to level the playing
field between urban and exurban locations, but federal, state, and local
governments should continue to review existing policies and develop new ones to
provide the same level and quality of investment and services to the inner city
and older suburbs as are provided to exurban locations. For example, the
federal government should continue to review existing policies and develop new ones
to fully implement brownfields legislation and its National Brownfields
Partnership. States should investigate whether they can replicate the growth
management initiatives of the city of Portland, Oregon, and the states of Maryland,
Florida, and
New Jersey.41 City governments should also work with business associations to
reduce or eliminate regulations that impose costly and unreasonable barriers to
business development in distressed communities.
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Action 3
Federal, state, and local governments and community nonprofits should
develop networks to match green businesses with the needs of municipalities,
communities, and each other. This initiative could be particularly relevant for
facilitating outsourcing in ways that strengthen local economies and help fledgling
green businesses find green suppliers and potential customers. For example, the
Triangle J Council of Governments Industrial Ecosystem Development Project . a
partnership between EPA, the North Carolina Division of Pollution Prevention
and Environmental Assistance, regional development agencies, and local
universities . is surveying companies in the Raleigh-Durham region to identify
ways to turn the waste of one company into a raw material for another company.
The Interagency Working Group on Environmental Technology is developing a
database with Public Technology, Inc., to match the specific needs of state and
local municipalities to appropriate environmental technology providers.
Citizens in Appalachia are electronically
tying their communities into the new world economy through the Appalachian
Community Economic Network. With the Network's help, more than 20 entrepreneurs
have found customers through the Public WebMarket, a project tapping the
resources of the World Wide Web and orchestrated by the Center for Civic
Networking.
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Action 4
Federal and state governments, community development corporations, and
nonprofits should determine how existing programs for small businesses and
microenterprises can be tailored for green and sustainable start-ups. Microbusinesses
in the United States
comprise an .invisible economy. that goes largely unnoticed in economic
development debates. Recent research, however, reveals that microbusinesses
with four or fewer employees generated 43 percent of the net new jobs created
from 1990 to 1994. Multiple stakeholders should promote new economic
opportunities for small businesses in low-income communities and address the
difficulty of financing small commercial loans in rich and poor communities
alike. Research to determine best practices, successful strategies, and the
profitability of existing and potential sustainable investments in metropolitan
and rural communities should be disseminated through trade associations,
business groups, business schools, financing sectors, and the electronic and
print media.
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