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ASEM Eco-Innovation Index : Measuring Sustainable Future for Asia and Europe
31 Oct 2012
ASEM Eco-Innovation Index : Measuring Sustainable Future for Asia and Europe

Inclusive index embracing the aspects of SMEs and developing countries in Asia and Europe
 
Overview 
 
The ASEM Eco-Innovation Index (ASEI) aims to develop as an international tool to quantitatively and qualitatively measure the level and status of eco-innovation of ASEM member countries. ASEI expects to promote eco-innovation at regional and global level creating an active stage of communication between Europe and Asia, and as a result, encourage governments to enhance their eco-innovation related policies and regulations.

"Eco-innovation is any form of innovation resulting in or aiming at significant and demonstrable progress towards the goal of sustainable development through reducing impacts on the environment, enhancing resilience to environmental pressures, or achieving a more efficient and responsible use of natural resources."
- European Commission Eco-Innovation Action Plan 2012




Expected Outcome

The ASEI will evaluate each country's capacity and potential on eco-innovation and identify distinctive levels of eco-innovation between Europe and Asia. The index is sceheduled to be officially launched in December 2012, and expects to be introduced at various international conferences and events.