OECD Home › Economics Department › Economic policies to foster green growth
Pressures on natural resources and environmental outcomes will intensify, threatening their sustainability. Their cost is estimated at 5% of GDP. More needs to be done to tax negative externalities.
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The well-developed transport infrastructures are close to peak time saturation. Better price signals in road and public transport can secure better utilisation, ease congestion and reduce negative environmental impacts.
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China’s exceptional economic expansion has led to rising energy demand and pollution as well as other environmental pressures. Strong efforts by the government have moderated emissions of some types of air and water pollution from high levels but others, including greenhouse gas emissions, continue to rise. Poor air and water quality threaten human health, create other costs and reduce well-being.
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| Growing Green Economies OECD calls for greening growth to improve the economy, protect the environment, and reduce global inequality. |
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Green Growth Strategy The crisis convinced many countries that a different kind of economic growth is needed. In response, many governments are putting in place measures aimed at a green recovery. Together with innovation, going green can be a long-term driver for economic growth, through, for example, investing in renewable energy and improved efficiency in the use of energy and materials. The OECD provides recommendations to help governments to identify the policies that can help achieve the most efficient shift to greener growth |
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Green growth and sustainable development Can we really pursue sustainable economic growth without harming our societies and the environment? And if we pursue prosperity today, are we condemning our children and grandchildren to poverty tomorrow? The OECD works on many issues related to sustainable development – climate change, growth in developing countries, corporate social responsibility and much more. |
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