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Monaco Business News in its summer edition concentrates on energy transition. Introducing the topic in FEDEM’s regular publication, Philippe Ortelli, President of the Monegaqgue Employers’ Federation, underlines the vital importance of making the transition to clean energy.
“When we zoom in on energy transition in the Principality, we all know that it is this type of responsibility that will have an impact on our descendants, and over several generations,” Mr Ortelli said.
He refers to the fact that Monaco is very small, but adds that the power to act is much more important than our surface occupied on earth.
“This generational responsibility commits us to develop the solutions that will ensure the sustainability of our economic, ecological and social model”, Mr Ortelli commented. “For it alone will provide us with the means to act elsewhere on earth.”
He added that not everything is lost in the battle, for example, that we can reduce our carbon footprint by 50 percent by 2030 if the will is there.
“Our model in Monaco is like no other. Let us continue together, the heads of companies, the authorities and social partners, to demonstrate the collective responsibility which has led our country to advance and its economy to prosper.”
Monaco’s National Day, celebrated on Tuesday, was filled with all wonderful pomp and ceremony the people of the Principality have come to expect, but this year, the crowds had even more. Everyone was positively enchanted by the nearly five-year old princely twins, who adorably made the day. National Day, held every 19th November, is about […]
A rare survivor of the nuclear blast that effectively ended World War II in the Pacific has spoken to a group of mesmerised students and staff members at Lycée Albert I. Organised by the International Campaign to Abolish Nuclear Weapons (ICAN), The high school’s history and geography class were told the incredible and sad true […]
October has come to be known as ‘Pink October’ and many Monegasque organisations, as well as the government, are supporting the cause. Roughly two million women were diagnosed with breast cancer last year worldwide and of those an estimated 627,000 will die from the disease. That comes out to 15% of all cancer deaths for […]
A joint meeting was held last week between the Monegasque Ambassador to the US and Honorary Consuls from nine major North American cities to discuss collaborative efforts for the next calendar year. Considered one of America’s greenest cities, Seattle was the setting for the confluence and attracted the Monaco representatives for its achievements regarding environmental […]