Ahmed Alwali UPDA, NEBOSH IGC, PMP’s Post

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HSE Engineer, Petroleum Engineer and Climate Changes| Msc in Renewable Energy | NEBOSH | PMP

Valuing Nature: Natural Capital: Recognizing the value of nature and ecosystem services is essential in understanding the economic worth of clean air, water, biodiversity and healthy ecosystems. Economic Benefits of Conservation: Conservation efforts can yield economic benefits through eco-tourism, carbon sequestration and sustainable resource utilization. Sustainability Investment: Return on Investment (ROI): Investing in sustainable practices can offer long-term benefits, including reduced operational costs, increased efficiency and improved brand reputation. Risk Reduction: Sustainable practices help mitigate environmental risks, reducing potential liabilities and costs associated with environmental damage or non-compliance with regulations. Global Perspective: Global Cooperation and Costs: Addressing global environmental issues, such as climate change, involves shared responsibilities and costs among nations to achieve collective environmental goals. Climate Adaptation Costs: Mitigating and adapting to the impacts of climate change entail costs related to infrastructure resilience, disaster preparedness, and relocation efforts. Balancing Costs and Benefits: Achieving a healthy environment involves understanding the costs associated with environmental degradation, acknowledging the economic, social and environmental benefits of sustainability and making informed decisions that balance short-term costs with long-term gains for the well-being of both people and the planet. Striking this balance is crucial for ensuring a sustainable and prosperous future for all.

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