What does the Local Action for Sustainable Economic Renewal (LASER) framework primarily aim to support?

The Local Action for Sustainable Economic Renewal (LASER) framework is designed to support government initiatives focused on sustainable economic development. This encompasses creating strategies and policies aimed at fostering long-term economic growth while simultaneously addressing social equity and environmental sustainability. The framework encourages collaboration among local governments, businesses, and communities to implement practices that enhance the resilience of local economies.

By prioritizing sustainable economic development, LASER addresses key components such as job creation, community engagement, and environmental stewardship, ensuring that economic activities do not come at the expense of ecological health or social responsibility. This holistic approach is vital in promoting sustainable practices that can adapt to changing economic conditions and environmental challenges.