United NationsDepartment of Economic and Social Affairs Sustainable Development

United Kingdom

UK Intervention: Thursday 4 May 2006
Industrial Development and Poverty Eradication
Thank you Chair. I?d first of all like to thank our panellists for their very
informative presentations.
The UK of course aligns ourselves with the intervention made earlier by Austria
on behalf of the EU.
Sustained economic growth is driven by industrial development. A 1% per capita
GDP increase generates a 1% rise in the income of the poor. Industrial
development is therefore at the heart of economic success and a key contributing
factor to poverty eradication. The natural resource base provides the foundation
for sustained industrial development. For development to be long-term and for
poverty eradication to be of lasting benefit, industrial development needs to be
underpinned by a sustainable environment.
Sustainable production and consumption is a key element of sustainable
industrial development, and has the potential to contribute to poverty eradication.
Developed countries have an important leadership role in this area, and should
ensure that our policies are consistent with international development objectives.
Equally, there are huge opportunities for developing countries to leapfrog to more
sustainable consumption and production patterns, and we should seek to support
these developments.
The Marrakech Task Forces are innovative, practical fora that can address key
sustainable production and consumption issues for CSD. We should endorse
their work here, and look forward to them delivering results over the next year.
The UK is pleased to be leading a Task Force on Sustainable Products. This
helps respond to last year?s G8 Summit in Gleneagles by "transforming the way
we use energy". We need to co-operate internationally to improve the efficiency
of energy-using and other products, and the Products Task Force is an important
way we can do this.
Chair, I was very pleased to hear inter-linkages and crosscutting issues,
including means of implementation, raised by our panellists and by yourself.
These issues, including gender equality, education, capacity building and finance
are important to all of our discussions.
Establishing favourable investment climates in developing countries will assist
progress towards sustainable industrial development. Dialogue with the private
UK Intervention: Thursday 4 May 2006
sector and the IFIs will be important in this regard. Furthermore, improvements
are needed to taxation and customs, to financial markets, to infrastructure
facilitation, to competition and to labour markets. Improved governance is
needed to reduce corruption and crime.
Finally Chair, we should support policies for industrial development that are
underpinned by environmental sustainability, and that enable poor people
themselves to access, invest in, develop and manage those environmental
assets that are fundamental to their livelihoods and health.
Thank you.