Other nations have leapt ahead by implementing clean energy strategies that coordinate long-term investment in integrated research and development, low-cost financing for clean tech manufacturers, and stable policies to ensure domestic demand for clean energy.
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But with a low-cost structure and a quick development cycle, Socialbakers can be a big winner.
Mr Kikuchi believes that, if Japanese manufacturers are to compete against nimbler low-cost rivals in China, the development of future products will involve a mix of different technologies and services.
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This can be accomplished by expanding independent pledges of humanitarian aid, enhancing participation in the existing U.N. relief and security apparatus, increasing high-level diplomatic contacts and implementing a comprehensive economic stimulation package which includes low-cost loans, grants, infrastructure development and corporate partnerships.
We welcomed the United States announcement of the Innovation in Science through Partners and Regional Engagement (INSPIRE) initiative, which will foster cooperation between U.S. and ASEAN scientists in such areas as pandemic flu monitoring and prevention, development of low-cost vaccines, drug treatment monitoring, health innovation, and disease research.
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Infrastructure-as-a-Service and Platform-as-a-Service offerings can also provide quick, low-cost access to data center resources for software development and prototyping.
Another rapidly growing country with a decentralized government, Brazil has financed nearly every renewable energy project through the National Social Economic Development Bank (BNDES) with low-cost and long-term debt financing.
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Such efforts notwithstanding, Josef Schmidhuber, an agronomist at the Organisation for Economic Co-operation and Development, argues that Brazil's competitive advantage lies in churning out huge quantities of low-cost bulk commodities.
I'm looking forward to discussing ways to encourage more investment in developing nations by making low-cost financing options for clean energy a priority of the international development banks.
The result is scattered, low-density development that keeps affordable housing out, increases the cost of infrastructure, separates inner-city residents from new jobs in the suburbs, and makes public transport less efficient.
For the past decade, Beijing has been shaping its foreign policy around securing long-term low-cost supplies of oil and other raw materials that it needs to sustain its economic development.
Fully equipped for serious research, it unleashes the potential of low-cost innovation in a field that, until now, has been associated with high costs and long development cycles.
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