Tuesday, February 22, 2011

Possible sustainability focus statement (PS4)

University Center Focus: Sustainability

The university center will maintain a broad focus on sustainability. Drawing on Maryland’s strengths as a region, our projects will guide growth in ways that are economically viable, environmentally sustainable and equitable. From an economic standpoint, late 20th century developments in communications technology have increased the speed at which companies must innovate to compete in the global economy. The university center will build the capacity of local economic development organizations to facilitate communication among the entrepreneurs, firms and institutions that are engaged in technological research, development, marketing and commercialization across the state. This will ensure that Maryland reaps the benefits of its R&D investments.

For growth to be environmentally sustainable, it needs to ensure the continued availability of resources for future generations. New technologies can aid in minimizing or recycling waste and pollution while simultaneously reducing companies’ bottom line. A key sustainability challenge for the 21st century is reducing our region’s dependence on fossil fuels in order to mitigate climate change and transition into clean energy economy. The university center will support strategic investments in the green economy, including initiatives around home weatherization and local food supply.

Finally, growth must be equitable in addition to being economically and environmentally sustainable. Technology-led economic development can support jobs for individuals of various educational backgrounds in sectors such as construction, manufacturing, and agriculture. The university center will assist local educational institutions in developing workforce training in these areas. Diversifying the job opportunities available to residents will alleviate concentrated poverty and unemployment in Maryland’s distressed regions. In turn, equitable growth will improve the local quality of life and increase revenues for investments in schools, transit and other infrastructure, making Maryland a more attractive place for development and securing its place in the global economy.

--Deborah Sward

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