FIJI needs to reshape its development strategies away from the conventional growth model of exploiting resources for own use, says Prime Minister Rear Admiral (Ret) Voreqe Bainimarama during the Green Growth Framework Summit in Lami yesterday.
Rear Admiral (Ret) Bainimarama said the old ways of growing the economy and developing the nation were no longer adequate or acceptable.
"Too much of what has been done has been unsustainable and resources have been exploited without the proper care that is needed to nurture them so that they continue to provide the prosperity on which we all depend," he said.
"We need to refine our existing approaches and forge a new development model, one that is more holistic, integrated, inclusive and above all sustainable."
He said they had come to realise they must overhaul the economy in a way that linked economic growth and environmental protection.
"We need to build green economies in which the driver of growth is a more intelligent and effective use of our resources, along with their sustainable management.
"We need to be a lot smarter in the way we exploit our resources whether it is our fish at sea or our forests on land, so that we can extract the most income from them for our development needs but still protect them so that we can keep living off them."
He said in developing the green growth framework, Fiji was taking the lead in the region.