The importance of technology and innovation has become increasingly apparent in building back better after the COVID-19 pandemic and doing so in a manner that overcomes the binary between the economy and the environment. Environmentally sustainable means of production, as embodied by the SDGs, can pave the way for new and improved industries and infrastructures, better able to accommodate today’s generation and those still yet to come.
However, innovation requires a delicate balance of proactive policies, permissive laws and incentives, and legal and regulatory frameworks that can guarantee certainty, predictability, and transparency within commercial markets to invigorate healthy competition. In order to create an environment conducive to new ideas and solutions, the law is a bedrock upon which the industry relies to be able to take on greater risk and push imaginative boundaries in realising the future we want.
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