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Green Growth Strategy Interim Report : Implementing our Commitment for a Sustainable Future
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Green_Growth_Strategy_Interim_Report.pdf
Green Growth Strategy Interim Report : Implementing our Commitment for a Sustainable Future
Overview
1. Growing concerns about the environmental unsustainability of past economic growth patterns and increased awareness of a potential future climate crisis have made it clear that the environment and the economy can no longer be considered in isolation. At the same time, the financial and economic crisis has provided the opportunity for policy interventions aimed at encouraging recovery and renewed growth on more environmentally and socially sustainable grounds. A strategic vision is necessary to ensure that, during the crisis exit and beyond, the policies that governments will implement are the most appropriate from an economic efficiency, environmental integrity and social equity point of view, as well as coherent both at a national and an international level.
2. Within this context, green growth is gaining support as a way to pursue economic growth and development, while preventing environmental degradation, biodiversity loss and unsustainable natural resource use. It builds on existing sustainable development
initiatives in many countries and aims at identifying cleaner sources of growth, including
seizing the opportunities to develop new green industries, jobs and technologies, while also
managing the structural changes associated with the transition to a greener economy.
Managing the employment and other distribution effects of change in more traditional sectors will also need to go hand in hand with exploiting new opportunities. New indicators and data will be needed to measure progress towards green growth, including to reflect environmental quality, natural resource scarcity and quality-of-life beyond material wellbeing.
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