G20 Foundation Lecture on Green Growth, Sustainability and Climate Change at Alma Graduate School, University of Bologna
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G20 Foundation Lecture on Green Growth, Sustainability and Climate Change at Alma Graduate School, University of Bologna

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G20 is a group of 20 major economies which represent 90% of the world’s overall GDP, 80% of world trade and 2/3 of the world’s population. As a result of a G20 Summit, the heads of state produce a ...

G20 is a group of 20 major economies which represent 90% of the world’s overall GDP, 80% of world trade and 2/3 of the world’s population. As a result of a G20 Summit, the heads of state produce a leaders declaration, where they agree to a number of macro economical reforms and regulations.

Since Green Growth, Sustainability and Energy Efficiency were significant agenda topics through past G20 presidencies, the first part of this lecture will evaluate the success of the governance process and identify key obstacles for implementation. The second part will deal with governance innovation and dialogue facilitation between governments, businesses, academia and civil society. Inclusions will be underlined as an important measure for improvement of quality and acceptance of the governmental decision making process.

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G20 Foundation Lecture on Green Growth, Sustainability and Climate Change at Alma Graduate School, University of Bologna G20 Foundation Lecture on Green Growth, Sustainability and Climate Change at Alma Graduate School, University of Bologna Presentation Transcript

  • G20 Foundation Lecture at Alma Graduate School Green Growth, Sustainability and Climate Change within the G20 Process
  • About G20 Foundation The G20 Foundation is an independent platform formed to help develop a framework for better global governance. §  As an intermediary platform, the G20 Foundation positions itself as process enabler and a facilitator between governments, business, and academia within the G20 process. §  As a non-partisan think tank, we stimulate constructive and effective discussions within “Outreach Dialogue” in order to support the implementation of the G20 commitments on a national level. §  We add value through encouraging broader public consensus and understanding of the G20 commitments which leads to higher accountability and raises effectiveness of a governance process. §  Thereby we foster the development of innovative solutions to global challenges, such as economic stability and sustainable growth. | © G20 Foundation | Lecture at Alma GS | 1
  • Our Goals Coordinate communication between major G20 stakeholders: - Develop innovative solutions and share best practices for challenges on the G20 agenda. - Contributing to transparency in the overall communication process and creating a broader public consensus for G20 commitments. Provide a framework for analysis of topics attached to G20 agenda: - Combining impulses from politics, economics, academia, private and public organization at national and international level to foster focused public discussions on the G20 agenda and commitments. G20 Foundation Support the implementation of G20 action items in individual countries: - Reinforce the post-summit implementation process of selective items decided upon on the G20 level in cooperation with various stakeholders from the member countries. Increase international cooperation: - Establish new approaches for international cooperation by connecting leading personalities from all relevant sectors worldwide on specific issues. - This is an opportunity to unite cultures, countries, and people based on shared ideals. | © G20 Foundation | Lecture at Alma GS | 2
  • Global Governance | © G20 Foundation | Lecture at Alma GS | 3
  • Global Governance | © G20 Foundation | Lecture at Alma GS | 4
  • Definitions §  “...a political correction of the globalised market economy in the sense of...an integration of economic systems into more comprehensive social aims...” [Holger Mürle] §  “...a complex multi-level system of governing beyond the nation state...“ [Ulrich Menzel] | © G20 Foundation | Lecture at Alma GS | 5
  • Global Governance §  „...not a foreign political concept, but a project to reorganise politics at all levels of activity...Global governance means to parry the threat of abandoning organisation by politics in favour of anonymous system logics and the formation of a 'non-state' world...‘ [Dirk Messner/Franz Nuscheler] §  “...[represents an environment in which] solution strategies would be searched for, which do not question the economic and political benefits of globalisation, and are suitable for surmounting and tempering the unfairness and dangers which have occurred...This task has been labelled global governance in the meantime...“ [German Federal Assembly] | © G20 Foundation | Lecture at Alma GS | 6
  • G20 | © G20 Foundation | Lecture at Alma GS | 7
  • G20 §  The Group of Twenty (G20) is a new economic integration established in 1999. That is premier forum for international cooperation on the most important issues of the global economic and financial agenda. It brings together governors from 19 countries and the EU. §  Objectives: 1.  Policy coordination between its members; 2.  Financial regulations that reduce risks and prevent future financial crises; 3.  Modernization of international financial architecture. §  There are no formal criteria for G-20 membership and the composition of the group has remained unchanged since it was established. In view of the objectives of the G-20, it was considered important that countries and regions of systemic significance for the international financial system be included. Aspects such as geographical balance and population representation also played a major part. | © G20 Foundation | Lecture at Alma GS | 8
  • G20 Key indicators §  G20 members represent almost: §  90% of global GDP §  80% of international global-trade §  2/3 of the world's population lives in G20 member countries. §  The presidency of the G20 rotates annually among its members. The presidency leads a three-member management group of previous, current and future chairs, referred to as the Troika, the purpose of which is smooth transition from one presidency to another. | © G20 Foundation | Lecture at Alma GS | 9
  • G20 Countries and Permanent Members | © G20 Foundation | Lecture at Alma GS | 10
  • History §  Was foreshadowed at the Cologne Summit of the G7 in June 1999 §  Was only formally established at the G7 Finance Ministers' meeting on 26 September 1999. §  The inaugural meeting took place on 15– 16 December 1999 in Berlin. In 2008, Spain and the Netherlands were included, by French invitation, in the G-20 Leaders Summit on Financial Markets and the World Economy. | © G20 Foundation | Lecture at Alma GS | 11
  • 2008 G-20 Summit, Washington | © G20 Foundation | Lecture at Alma GS | 12
  • 2009 G-20 Summit, London | © G20 Foundation | Lecture at Alma GS | 13
  • 2009 G-20 Summit, Pittsburgh | © G20 Foundation | Lecture at Alma GS | 14
  • 2010 G-20 Summit, Toronto | © G20 Foundation | Lecture at Alma GS | 15
  • 2010 G-20 Summit, Seoul | © G20 Foundation | Lecture at Alma GS | 16
  • 2011 G-20 Summit, Cannes | © G20 Foundation | Lecture at Alma GS | 17
  • 2012 G-20 Summit, Los Cabos | © G20 Foundation | Lecture at Alma GS | 18
  • 2013 G-20 Summit, St. Petersburg | © G20 Foundation | Lecture at Alma GS | 19
  • G20 Russian Presidency | © G20 Foundation | Lecture at Alma GS | 20
  • Russian G20 Presidency §  In the forefront of the G20 summit, the Russian presidency announced to set a special focus on growth related topics such as growth through quality jobs and investment, growth through trust and transparency and growth through effective regulation. §  Unlike preceding presidencies, the Russian G20 presidency set a special focus on including a wide range of different parties and Outreach groups in the decision process. §  Following our analysis of the Outreach groups’ recommendations and the final Leaders’ Declaration, we can state that the G20 have great opportunities to become the leading forum for solving long-term and short-term global problems. The G20 Foundation supports the G20 by integrating the different stakeholders of the G20 decision process like the Outreach groups as a neutral and non-partisan process enabler. §  The G20 Foundation participated at the G20 summit to build up important relationships, for example with the Turkish delegation. As Turkey will take over the G20 Presidency in 2015, it is a member of the G20 Troika right now. | © G20 Foundation | Lecture at Alma GS | 21
  • Starting a new Cycle of Economic Growth 2013 Russian Presidency Objectives | © G20 Foundation | Lecture at Alma GS | 22
  • By enhancing the Outreach dialogue with non-G20 states, international organizations, business circles, labour unions, civil society, future leaders, academia and think-tanks, we will not only ensure legitimacy, transparency and efficiency of the G20, but also expand our vision, come up with better solutions, and generate cross-sectoral synergy to enhance the public benefit of the G20. © “The Russian Presidency of the G20: Outline" | © G20 Foundation | Lecture at Alma GS | 23
  • G20 Outreach – Russian G20 Presidency §  Core principle of the Russian outreach strategy during their G20 Presidency is to allow proposals from all relevant groups. §  For the first time in the G20 process, the format was enlarged by Civil20 and the Outreach format was expanded to ensure the inclusion of all relevant stakeholders. G20 Leaders Summit Sherpa-Office YOUTH20 CIVIL20 BUSINESS20 LABOUR20 THINK20 | © G20 Foundation | Lecture at Alma GS | 24
  • The Russian Agenda Overall Goal: Start a new cycle of economic growth §  Growth through quality jobs and investment; §  Growth through trust and transparency; §  Growth through effective regulation 8 Focus Areas §  Framework for strong, sustainable and balanced growth;  §  Jobs and employment;  §  International financial architecture reform;  §  Strengthening financial regulation;  §  Energy sustainability;  §  Development for all;  §  Enhancing multilateral trade;  §  Fighting corruption. | © G20 Foundation | Lecture at Alma GS | 25
  • Focus: Global Growth and Public Debt Leaders’ Declaration: Focus on The G20 framework for strong, sustainable and balanced growth and growth through quality jobs G20 Framework for strong, sustainable and balanced growth (St Petersburg Action Plan) §  monetary and financial stability, §  effective investment §  labor force participation general agreement on §  strengthening the foundations for economic and monetary union §  enforcing domestic price stability, more market determined exchange rates §  boosting investment §  addressing fundamental weaknesses §  enhancing productivity and competitiveness, §  increasing labor force participation §  improving financial stability and credit access, §  addressing internal and external imbalances | © G20 Foundation | Lecture at Alma GS | 26
  • Focus: Global Growth and Public Debt Leaders’ Declaration: Focus on The G20 framework for strong, sustainable and balanced growth and growth through quality jobs Quality Jobs: more productive and higher quality jobs as key driver for balanced growth §  Improving the business environment §  Eduction §  Job quality Youth Unemployment (Giving Youth a Better Start Initiative) §  promotion of apprenticeships and vocational training programs Public Debt §  vague commitment to “put debt as a share of GDP on a sustainable path” | © G20 Foundation | Lecture at Alma GS | 27
  • Case Study: G20 Foundation within G20 Process | © G20 Foundation | Lecture at Alma GS | 28
  • Conference on Russian G20 Presidency, Moscow §  A conference on "Fostering Economic Growth and Sustainability" was held in Moscow on December 13, 2012, within the framework of the Russian G20 presidency. Russia officially unveiled the priorities of its G20 presidency. §  In addition, the outcome of the first events within the framework of the Russian presidency was reported. These are the outreach Think 20, Civil 20 and Business 20 meetings, which were held on December 11 and 12. There were also reports from Youth 20 and Labor 20 representatives. §  The conference featured a press occasion with featuring head of the Expert Directorate of the President of the Russian Federation, Russian G20 Sherpa Ksenia Yudaeva and Deputy Minister of Finance of the Russian Federation Sergei Storchak. | © G20 Foundation | Lecture at Alma GS | 29
  • G20 Civil Summit, Moscow §  §  The Civil 20 Summit was held in Moscow's President Hotel on June 13-14, 2013. It was attended by over 350 representatives of civil society, international organizations, business community, government officials, and the media. Civil society was represented by the delegates from the G20 countries and NGOs, academics from working groups that prepared the C20 recommendations, the Global NGO Group and the Civil Society Group. The Civil Communiqué - an address to the G20 Leaders - was agreed on the results of the Summit. Michel Sidibé, Under-Secretary-General of the United Nations, Ksenia Yudaeva, the Russian G20 Sherpa and Mikhail Fedotov The Civil 20 Summit is the concluding event of the Civil Track of Russia's G20 Presidency. Russia is the first presiding country to organize the civil society consultations process in this format, and at such level. Its main goal is to promote fruitful dialogue between global civil society, politicians and decision-makers on the basis of the priorities set out in the official agenda for 2013. The Civil 20 recommendations are expected to influence the G20 Summit agenda and Leaders' final Communiqué. Russian G20 Sherpa Ksenia Yudaeva and Victor Philippenko, G20 Foundation at G20 Civil Summit | © G20 Foundation | Lecture at Alma GS | 30
  • G20 Conference on Commodity and Energy Markets, St. Petersburg §  The Conference on commodity and energy markets "Sustainable energy: designing policy for G20", preceding the Second Energy Sustainability Working Group (ESWG) Meeting, took place on July 8, 2013 in St. Petersburg. §  The event brought together high level officials from the G20 governments, representatives of the international organizations, top level business and industry representatives, as well as representatives of think tanks and academia, to summarize the ESWG activities in 2013 and look into the future G20 work in the energy field. §  G20 Foundation members at G20 Conference on Conference on Commodity and Energy Markets The Conference agenda was focused on such issues, as prospects of energy and commodity markets sustainability; policies to promote inclusive green growth and pave the path towards a sustainable energy of the future; improving transparency and functionality of commodity markets; and encouraging investment into sustainable energy. G20 Foundation and team of Russian G20 Sherpa Office during the cultural program | © G20 Foundation | Lecture at Alma GS | 31
  • Family Photo of the Participants of the G20 Conference on Conference on Commodity and Energy Markets | © G20 Foundation | Lecture at Alma GS | 32
  • G20 Leaders‘ Summit, St. Petersburg §  On September 5-6, 2013 the G20 Leaders' Summit was held in St.Petersburg. The Summit, which is the culmination of the Russian Presidency year, marked the 5th anniversary of the G20 at the Leaders' level. §  The key objective of the G20 at this moment, given the continuing instability at the financial markets, unemployment remaining high and persistent global imbalances, is fostering strong, sustainable and balanced growth. To get closer to attaining this goal, Russia has set forth a number of tasks for the G20 to stimulate economic growth and job creation, primarily through encouraging long-term investment, ensuring trust and transparency at the markets and enhancing effective regulation. G20 Foundation had a great opportunity to join the executive organizing team at G20 Summit in St. Petersburg and gained unique hands on experience supporting the operative implementation of this top-level event. §  Leaders' attention at their meeting was mainly focused on the issues of ensuring economic growth and financial stability, quality job creation and tackling unemployment, searching for the new sources of growth and investment financing, as well as strengthening multilateral trade and international development assistance. | © G20 Foundation | Lecture at Alma GS | 33
  • Green Growth within G20 Process Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 | © G20 Foundation | Lecture at Alma GS | 34
  • "We, too, believe that growth improves the solution to many things [because] when you have a bigger cake it is easier to allocate it, it is easier to take the right fiscal policies and to reduce debt, for example,” "But we do also find out, based on our research, that sustainable growth is better and to actually feed sustainability, better [gender] inclusion and less [income] inequality are highly recommended. And obviously 'green growth', so to speak, is an area that has to be explored, developed and endorsed by as many as possible.” Christine Lagarde, Managing Director, IMF | © G20 Foundation | Lecture at Alma GS | 35
  • Background Fossil Fuel Oriented Industry Mass-Production System Achieved Industrial and Economic Growth §  §  §  §  GHG emissions, Climate Change Exhaustion of Fossil Fuel Global Resource Constraint §  §  §  §  Energy Security Price Variability Population Growth Desire for Economic Growth Unsustainable Traditional Development Strategy Requires a New Economic Development Strategy, “GREEN GROWTH” Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 | © G20 Foundation | Lecture at Alma GS | 36
  • Current Situation International Community Climate Change Degradation of Human Life §  §  Negatively affecting people’s health Posing a threat to national security Urgent Needs Required §  Reduce greenhouse gas emission in order to prevent further damage to the environment and humanity Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 Global Economic Crisis Rethinking Current Growth Strategy §  Warning about current economic growth strategies Green Growth as a Strategy §  To decouple economic growth from adverse environmental impacts | © G20 Foundation | Lecture at Alma GS | 37
  • Green Growth within G20 Process 1st and 2nd Summit 1st and 2nd Summit §  Economic crisis was a much higher priority §  But climate change was given little emphasis Pittsburgh Summit Pittsburgh Summit §  Agreed to make precise and timely announcements on oil production, consumption, refinement and reserves §  In a great need to correct inefficient fossil fuel subsidies and increase clean and renewable energy efficiency Toronto Summit Toronto Summit §  Stressed the importance of green growth §  Decided to correct the situation where inefficient fossil fuel subsidies Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 | © G20 Foundation | Lecture at Alma GS | 38
  • Green Growth within G20 Process Seoul Summit §  Agreed to rationalize fossil fuel subsidies §  JODI showed a strong stance against price volatility in fossil fuel markets §  Welcomed GMEP to safeguard the marine environment Cannes Summit §  Reaffirmed financial sources by PPP §  Agreed to optimize potential, expand low-carbon development strategies and clean energy technology §  Committed to work towards a successful outcome at the 2012 Rio+20 Los Cabos Summit §  Welcomed international efforts to introduce GGKP §  Effective mechanisms to be made to boost inclusive green growth investments in developing countries §  Committed to support operationalization of GCF §  Reaffirmed to rationalize ineffective fossil fuel subsidies Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 | © G20 Foundation | Lecture at Alma GS | 39
  • 3. G20 and Green Growth Major Topics (Excerpt) Energy, Climate Change and Green Growth 1.  Phasing out Inefficient Fossil Fuel Subsidy -  Rationalize fossil fuel subsidies according to the circumstances and phase out those subsidies in the end. 2. Energy Price Volatility -  Relieve price volatility from enhancing transparency in the markets, promote exchanges between producers and consumers, and improve regulations in futures markets. 3. Green Climate Fund -  Enable developing countries to nurture clean energy technologies and to adapt to climate change. Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 | © G20 Foundation | Lecture at Alma GS | 40
  • Green Growth as a Strategy §  Should be interpreted as a pathway or strategy to achieve Sustainable Development but with relatively more focus on economic growth and environmental activities. §  Some definitions include social development factors such as “Inclusive”. However, they do not explicitly implementation policies to improve social development. Sustainable development is not followed automatically by green growth. §  * Can be compared with the Inclusive Green Growth by the World Bank (2012) Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 | © G20 Foundation | Lecture at Alma GS | 41
  • 2. Green Growth and Sustainable Development Green Growth vs. Inclusive Green Growth Green Growth Inclusive Green Growth Social Development Economic Growth Social Development Eco-efficiency Activities Economic Growth Eco-efficiency Activities More Consider Social Development Source: Prof. Sung Jin Kang, Korea University, Green Growth and Sustainable Development in G20 | © G20 Foundation | Lecture at Alma GS | 42
  • G20's Commitment to Inclusive Green Growth | © G20 Foundation | Lecture at Alma GS | 43
  • Progress Areas of G20 Commitments Structural reform: Development cooperation: §  given the importance of setting economies on a climate-friendly path over the medium term, Leaders welcomed the report produced by the OECD, the World Bank and the UN containing options for incorporating green growth and sustainable development policies into structural reform agendas §  Leaders welcomed the launch of the Green Growth Knowledge Platform, which will help developing countries implement inclusive green growth strategies and measures. §  They also welcomed the delivery of a nonprescriptive, voluntary toolkit of policy options for inclusive green growth, as well as a publicprivate Dialogue Platform on Inclusive Green Investments to help encourage further exploration of effective mechanisms to mobilize public and private funds for inclusive green growth investment in developing countries. Climate finance: §  Leaders welcomed the creation of a G20 study group on climate finance, which is considering ways to effectively mobilize resources for tackling climate change. §  Leaders also supported the activation of the Green Climate Fund (the UNFCCC's mechanism to assist developing countries to adapt to and mitigate climate change). | © G20 Foundation | Lecture at Alma GS | 44
  • Progress Areas of G20 Commitments Sustainable infrastructure: Employment: §  Leaders welcomed the report on Best Practices for Urban Mass Transport Infrastructure Projects in Medium and Large Cities in Developing Countries, and supported the follow-up actions set out in the Development Working Group Report. §  G20 Labor and Employment Ministers agreed that a transition to greener economies and new technologies, in the context of sustainable development, will lead to the creation of new occupations and may change skills requirements for existing jobs. §  They also welcomed the Business 20's Green Growth Action Alliance, a new partnership initiative addressing the estimated $1 trillion annual shortfall in green infrastructure investment. §  Ministers recommended encouraging firms to adapt their productive and organizational processes to meet the needs of inclusive green growth, and looking at measures for improving labor market information, adapting training systems and upskilling workers. | © G20 Foundation | Lecture at Alma GS | 45
  • Progress Areas of G20 Commitments Inefficient fossil fuel subsidies Food security §  Leaders welcomed the progress report on fossil fuel subsidies, and reaffirmed their commitment to rationalize and phase out inefficient fossil fuel subsidies that encourage wasteful consumption over the medium term, while providing targeted support for the poorest. §  Leaders supported the G20 Agriculture ViceMinisters' Report, recognizing the importance of increasing agricultural production and productivity on a sustainable basis, and the need to adapt agriculture to climate change. §  Finance Ministers will report back by the next Summit on progress made, and will explore options for a voluntary peer review process for G20 members by their next meeting. Clean energy and energy efficiency: §  Following the commitment in Cannes to promote low-carbon development strategies, Leaders welcomed the report on clean energy and energy efficiency technologies and acknowledged G20 countries' efforts to foster investment in these technologies through the sharing of national experiences. §  The work of International Organizations in producing a report on "Sustainable Agricultural Productivity Growth and Bridging the Gap for Small Family Farms" was also recognized. §  The report offers recommendations on areas where countries could focus their efforts to increase agricultural output with an emphasis on small family farms. | © G20 Foundation | Lecture at Alma GS | 46
  • Inside G20: Inclusive Green Growth Workshop (Summary) | © G20 Foundation | Lecture at Alma GS | 47
  • Inclusive Green Growth Workshop §  The purpose of the workshop was to expand the G20 Development Working Group’s (DWG) dialogue with representatives from developing countries, especially low-income developing countries, on the lessons learned from their own experiences in designing and implementing inclusive green growth strategies. §  The workshop provided the opportunity to examine in-depth the practical application and experiences on the ground with the implementation of some of the specific tools highlighted in the Annex to the G20 report “A Toolkit of Policy Options to Support Inclusive Green Growth” or “IGG Toolkit Report”. The workshop promoted the sharing of experiences on strategies, policies and instruments for inclusive green growth and presented the state of play of the Dialogue Platform on Inclusive Green Investment (DPIGI). §  The discussion contributed to advancing the DWG’s objectives in three respects: –  Enhance developing country’s engagement in the G20 IGG work; –  Enhance understanding among policymakers in developing countries of the practical dimensions to applying IGG tools, as well as needs from developing countries; –  Explore how the international co-operation can support developing countries in transitioning to the green growth path. §  This workshop was organised by the OECD with input from the other International Organisations (AfDB, UN, World Bank) at the request of the Russian Presidency and other G20 members. Many G20 members attended along with ten developing country representatives: Cambodia, Dominican Republic, Ethiopia, Kenya, Moldova, Mozambique, Philippines, Rwanda, Vietnam, and the Minister of Energy in Sierra Leone. Source: G20 Development Working Group Workshop on Inclusive Green Growth | © G20 Foundation | Lecture at Alma GS | 48
  • Summary of Discussion Discussion highlighted some common starting points and key questions: §  Emphasis on “inclusive”, poverty reduction and quality of growth. Country examples that this is possible e.g. from Sierra Leone and Cambodia §  Sharing experience on “how to do things differently” and choices about “how to develop” in a forward looking way §  IGG Toolkit is a useful and living document to build on country experience §  How does IGG fit into national development planning? (Examples raised by Ethiopia, Rwanda, Mozambique) §  Recognition that a mix of public and ODA financing is needed to leverage private finance to implement green growth related investments. §  What are the most appropriate financial vehicles and de-risking instruments to mobilize institutional investors for IGG? Source: G20 Development Working Group Workshop on Inclusive Green Growth Key challenges include: §  Lack of capacity for domestic policy reform and processes §  Addressing structural change and cluster industries (e.g. Sierra Leone, Vietnam) §  Risk perceptions, policy predictability and access to finance (Vietnam, Rwanda, Philippines, Moldova) §  Delivering green jobs and human resource skills development (e.g. Mozambique) | © G20 Foundation | Lecture at Alma GS | 49
  • The way forward on Inclusive Green Growth in the G20 Some common parts of country efforts to advance inclusive green growth: §  Leadership is needed, combined with bottom-up engagement, to customise strategies and policies to local needs. §  There is no “one size fits all” §  Essential to mainstream green growth into development planning and to raise awareness through cross-Ministry efforts and engagement with regions, localities and private sector §  Innovative financial approaches that can be scaled up and/or replicated e.g. budgetary commitments (Ethiopia), use of remittances (Moldova), mix of donor, domestic and private finance (Philippines, Moldova). Source: G20 Development Working Group Workshop on Inclusive Green Growth Some key tools presented by LIC representatives §  Greening national development plans and public budgets, use of SEA, land use planning (e.g. Dominican Republic, Ethiopia, Cambodia, Rwanda) §  Natural resource accounting and valuation (e.g. Mozambique, Dominican Republic, Cambodia, Rwanda) §  Greening domestic tax systems, use of market finance (e.g. CDM, Vietnam, Ethiopia). §  Policies and measures to mobilise investment, e.g. South African SRI from pension funds in clean energy infrastructure, FITs in Kenya. §  Assessing labour/employment impacts and targeting skills and human capacity development (e.g. Mozambique, Sierra Leone, Dominican Republic) | © G20 Foundation | Lecture at Alma GS | 50
  • What can the G20 do? §  Timely support for: –  Country level planning, coordination and mainstreaming of green growth, including enhanced participation of the private sector and other key stakeholders. –  Regional, South-South and triangular co-operation and lesson sharing to develop capacity on green growth –  Financing for green growth, including international public development finance but also domestic public and private sources, support for domestic funds created by developing countries –  Engaging the institutional investors community to scale up green investment by recalibrating financial returns to incorporate development benefits –  Green research co-operation and technology transfer and increased knowledge sharing and access to information. Source: G20 Development Working Group Workshop on Inclusive Green Growth | © G20 Foundation | Lecture at Alma GS | 51
  • Case Study: Green Growth Forum | © G20 Foundation | Lecture at Alma GS | 52
  • The Idea: Green Growth Forum Idea •  Promoting the interaction between politics, economy and the academic sector •  Elaborating political proposals for the G20 nations •  Green Growth Forum Gathering relevant research findings for the G20 agenda •  Transparent transfer of the gathered information to governments •  This idea will be applied in March 2013 in Berlin during the first Green Growth Forum •  The Green Growth Forum focuses on the following topics: 1.  Energy reform and efficiency 2.  Climate change 3.  Sustainable development •  Experts from the political, economical and academic areas will draft a proposal •  Key positions will be forwarded to the political actors •  The aim of the forum is to generate new ideas and solution-oriented approaches | © G20 Foundation | Lecture at Alma GS | 53
  • Summary Concept •  Experts in the areas of energy reform, climate change and sustainable development work in teams in order to draft proposals aimed at the Federal government while considering the German G20 policy. •  The relevance of the proposals is guaranteed by the fact that the topics are previously defined by the corresponding departments of the Federal government. •  The partcipants are free to present new, innovative proposals, which go beyond the established topics given by the Federal government. Target Ø  Preparation of a position paper on Green Growth for German government for upcomming G20 Summit in Russia. Strenghtening the dialogue between the academic sector, the private sector, civil society and the Federal government. | © G20 Foundation | Lecture at Alma GS | 54
  • Implementation Agenda Energy reform •  Objective debate Climate change Sustainable development •  Competitive national market structure in the energy sector •  Handling consequences of climate change •  Objective indicator system •  Prevention •  Framework for long term research •  International coordination of the market •  Insurance §  Within one day the committees will draft the proposal, which will present recommendations for the corresponding topic. Each comittee will have 10 participants and will be structured as following: §  §  §  §  1 Moderator (Scholar from the corresponding area) 5 Company representatives 1-2 NGO representatives 1-2 Scholars 1-2 Government representatives | © G20 Foundation | Lecture at Alma GS | 55
  • Schedule 09:00 Welcome speech 09:30 12:00 Speeches and panel discussion: „Green Growth as a key economy driver or a 12:00 Lunch 13:00 15:00 Committee work (Energy reform, climate change and sustainable development) 15:00 Coffee break 15:15 17:00 Committee work 17:30 Closing presentation and results 18:30 Closing speech Peter Altmeier, Federal Minister for the Environment, Nature Conservation and Nuclear Safety Dr. Ignacio Campino, DESERTEC Foundation solution to overcome the energy crisis of the G20 countries“ Dr. Stephan Mair, BDI - Federation of German Industry Nathalie Girouard, OECD; H.E. Francisco González, Mexican Ambassador, H.E. Vladimir Grinin, Russian Ambassador, H.E. Peter Tesch, Australian Ambassador, Representatives of German Federal Government. The participants will already have worked on their positions before the forum, in order to just perfect these ideas and achieve a consensus through the discussion. Wolfgang Scheremet, Federal Ministry of Economics and Technology Bernhard Welschke, BDI – Federation of German Industry Keynote speech: Prof. Dr. Dr. Radermacher, Club of Rome | © G20 Foundation | Lecture at Alma GS | 56
  • Green Growth Forum 2013, Berlin Honorable guest of Green Growth Forum with members of G20 Foundation, Marco Stephan, Victor Philippenko and Robert Pflaum Panel discussion “Green Growth as a key economic driver or a solution to overcome the energy crisis of G20 countries” with Dr. W. Scheremet (Federal Ministry for Economic Affairs and Technology), , N. Girouard (OECD), F. González Diaz (Mexican Ambassador), E. Johns (Australian Embassy), moderated by Dr. G. Hofmann (Agentur Zukunft) Participants of Green Growth Forum during welcome note of Dr. Stefan Mair, Member of the Executive Board and B20 Sherpa of Association of German Industry (BDI) Thrilling discussion in the working groups of Green Growth Forum | © G20 Foundation | Lecture at Alma GS | 57
  • Participants Representattives from companies Representatives from organizations | © G20 Foundation | Lecture at Alma GS | 58
  • Our next steps | © G20 Foundation | Lecture at Alma GS | 59
  • The Australian G20 Presidency §  The challenge for the G20 in 2014 will be to make concrete decisions and take real steps that will improve people’s lives through stronger growth, more jobs and better infrastructure. As Australia holds the chair of the G20 in 2014, the Honorable Tony Abbott MP, Prime minister of Australia is asking the world leaders to come to Brisbane with a commitment to take action. §  We support the Australian Prime minister in his appeal and underline the importance of developing and emerging economies working together, as well as igniting partnership between governments, and the G20 stakeholders.* §  Official Logo of the Australian G20 Presidency We are looking forward to a fruitful cooperation with Australian Presidency and Outreach Groups in 2014! * Inspired by the message from the Prime minister Honorable Tony Abbott regarding Australian Presidency in the G20 Official Logo of the G20 Foundation 2014 | © G20 Foundation | Lecture at Alma GS | 60
  • Become a Part of Our Success! §  If you are interested in joining our team, please feel free to reach out to one of our local Hubs through memberships@g20foundation.org and become an individual or corporate member. §  As a non-profit organization*, we are open for cooperation via premium or strategic partnerships and will gladly accept donations and other contributions. Please do not hesitate to contact us personally at partnerships@g20foundation.org. * G20 Foundation e.V., tax nr. 3266153465 is recognized as a tax-exempt not-for-profit association by the tax authorities due to promotion of education within the meaning of § 52 Abs. 2 No. 7, international attitude, tolerance in all areas of culture and international understanding and exchange between different cultures within the meaning of § 52 Abs. 2 No. 13 German Tax Code. All donations and membership fees are recognized as tax-deductible. | © G20 Foundation | Lecture at Alma GS | 61
  • Contact Details G20 Foundation e.V. Große Bockenheimer Str. 33-35 DE-60313 Frankfurt am Main info@g20foundation.org http://www.g20foundation.org An independent platform for governance innovation formed to help develop a framework for better global governance. http://www.twitter.com/g20foundation http://www.facebook.com/g20foundation IBAN: DE60 5745 0120 0030 2308 17 BIC-/SWIFT-: MALADE51NWD | © G20 Foundation | Lecture at Alma GS | 62