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Investment strategies almost never consider external costs to the environment when calculating potential returns. But incorporating environmental risk and sustainability into investor mindsets is possible– and urgent.
Cities can generate growth and jobs while becoming greener – this is the message of the OECD’s new Green Growth in Cities report. Drawing on case studies of Paris, Chicago, Kitakyushu and Stockholm, the report identifies green policies that can respond to urban growth priorities and suggests how to implement and finance them.
As stretched public finances provide limited opportunities for public investments, it is critical for governments from advanced, emerging and developing countries to engage the private sector now to scale-up investment in transport infrastructure, said OECD Secretary-General.
Boosting private sector investment in sustainable transport infrastructure will be essential as governments seek to meet long-term economic and environmental objectives at a time of constrained public finances, according to a new OECD report.
Ports are the nervous system of global trade. Over 80% of world cargo (by volume) is transported by sea. Our efforts to raise the efficiency, competitiveness and sustainability of ports can help boost trade, growth and jobs. It can also help us to promote green growth and development in the poorest regions, said OECD Secretary-General.
Following the delivery of the Strategy in May 2011, green growth will be mainstreamed in OECD analytical work to enrich guidance on a number of country, sector and issue-specific areas. This will involve integrating green growth considerations in Economic Surveys, Environmental Performance Reviews and Innovation Reviews.
All issues of the OECD Green Growth Newsletter
Stockholm Waterfront Congress Centre
23 – 24 May
The OECD Environment Directorate has launched a new project on effects of public policy conditions on leveraging private financing for environmental and climate mitigation investments.
Policies that promote green growth need to be founded on a good understanding of the different factors that affect green growth, and appropriate information is needed to monitor progress and measure results.