Gold Coast could struggle says expert

GOLD Coast businesses will find it difficult to adapt to climate change policies, according to a leading environmental expert.

As climate change becomes a major factor in profitability, Gold Coast companies will need to change their financial planning and business strategies, says Professor Bob Miles, a delegate to the UN Climate Change panel.

“Climate change is not just about a carbon tax and new regulations, it is a new way of doing business that presents new challenges and opportunities,” says Miles.

“Unless the Gold Coast connects to these new global drivers then regional business will suffer and struggle to respond to the changing demands of consumers.”

Miles, also executive director of Central Queensland University’s Institute for Sustainable Regional Development, argues that environmental issues have become a fundamental part of business and are no longer just concerns for ‘greenies’.

“Unless all sectors start to take these environmental drivers seriously and change the way we do business and undertake economic development, there will real impact on the region’s economy, let alone a sustainable environment on the Gold Coast,” he says.

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