Bill Clinton on managing scarce resources

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Oxford University held its Re|Source forum recently, and former US President Bill Clinton addressed the group on the subject of scarce resources and how to manage their development and use in a way that is fair and equitable.

The most important decision of the 21st century is whether the human race can learn to share its scarce natural resources for the common good, President Bill Clinton told delegates at the two-day forum in Oxford.

Clinton said: "'The only strategy that makes sense is the one that says we are going to share the world with other human beings and we will share its natural resources." This, he said, "is the fundamental decision of the 21st century." 

Clinton's address reflected a key theme from the conference about the need for greater cooperation between governments, businesses and other organisations to successfully meet the resource challenges the world.

In particular, he noted, the private sector has the commercial leverage and influence to drive significant changes — and can create new models in finance to support these changes.

The forum gathered over 250 leaders from business, finance, policy and government on last Friday.

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