Monaco Government Tourist and Convention Office
7 Upper Grosvenor Street
London W1K 2LX
Tel : +44 (0)207 491 4264
Fax : +44 (0)207 408 2487
Sometimes it's difficult to find practical examples of sustainable development. In Monaco, there are many - in some unexpected sectors of activity, but very effective. Make the most of this expertise by holding a "green" event with Monaco Carbon Offsetting!
Did you think "Finance" and a "Green Attitude" were incompatible? Now, Socially Responsible Investment groups together all the approaches that incorporate non-financial factors (environmental, social and corporate governance) into investment and portfolio management decisions. Also, environmental funds are investing more specifically in companies that are directly linked to green issues and solutions to these issues. "Green funds" specialise in water, waste treatment, renewable energy, wood and "clean" technology.
Many of the financial establishments in the Principality are showing an interest in this approach, proving that apparently contradictory ideas can be reconciled while maintaining levels of performance.
Another "Green" example, this time in real estate, is the construction of Monaco's new hospital. This is a large-scale project, with a total of 409 beds to meet the needs of a catchment population of 125,000 from Villefranche to Menton over the coming decades. Twenty operating theatres will be situated on the same level. Spreading the buildings over 75,000m2 means that they will be well spaced out and low rise. Above all, the hospital will offer an environmentally efficient management system while meeting the requirements of an outstanding modern medical establishment. It will provide benchmark services, will cover all the common medical conditions and will be of high environmental quality.
In Monaco, not only is it possible to organise eco-friendly seminars - it's also very simple. The Prince Albert II Foundation's Monaco Carbon Offsetting programme consists of three phases: the carbon footprint of the event is analysed, the main sources of carbon emissions are identified, and solutions are proposed to limit energy consumption. In addition, "carbon credits" can be purchased to offset unavoidable emissions. This programme was used by Ernst & Young at their "2013 Entrepreneur of the Year" event, which attracted influential business leaders from 47 different countries to the Principality. An example to follow!