Green Growth Strategy: Overview – OECD

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OECD - Organisation for Economic Co-operation and Development

Green growth can be seen as a way to pursue economic growth and development, while preventing environmental degradation, biodiversity loss, and unsustainable natural resource use. For the short term, green growth can transform the opportunity of the crisis to ensure a more sustainable economic recovery. For the long term, it will promote new, greener sources of growth. The OECD is working on policy recommendations to help governments achieve greener growth. The presentation gives an overview of the findings to date and the next steps. It mentions innovation, taxes, jobs and development issues, as well as how to measure progress towards greener growth.

News & Politics Technology Business

The Green Growth Strategy Overview September 2010

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What key environmental challenges will it address?

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Removing fossil fuel subsidies is good for the environment… -> G20 Summit ,[object Object],Source: Joint OECD/IEA analysis

… and for the economy (household income) -> some win-win opportunities ,[object Object],Source: Joint OECD/IEA analysis

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Clear policy signals are essential to incentivise innovation Source: OECD (2010), The Invention and Transfer of Environmental Technologies

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Key pillars of the 2011 Synthesis Report Greener growth

A framework for green growth indicators Consumers Inputs: Labour, capital, energy, materials, environmental services Multi-factor productivity Outputs: Goods, services Economic activities (production, consumption, trade) Policies, measures, instruments: Taxes, subsidies, regulations, investments, innovation, education Production process Recycling, re-use, re-manufacturing, substitution Pollutants, waste Natural capital stocks and environmental quality Services, amenities, health & safety aspects Economic and social agents Natural resources (water, biomass, air, land, energy, materials, …) Public per-ceptions

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International initiatives 2012 Green Growth Reports for Enhanced Engagement countries Green Growth chapters in Economic Development and Environmental Reviews Europe 2020 Strategy UNEP Green Economy Report COP 16 Dec 2010 Earth Summit 2010 (Rio +20) May 2011 Green Growth Strategy Synthesis Report & Compendium of Indicators

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