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This post from the OECD Insights Blog discusses OECD's new study, "Fostering Innovation for Green Growth" and what governments can do to promote innovation and specific issues such as green innovation.
Without water we cannot survive. Yet billions of people still live without access to stable supplies of clean water, and a growing world population will put increasing pressure on this finite resource in years to come. How can we make better use of this precious commodity?
Work hard at school, get a good education and you can get a good job – the familiar mantra of parents the world over. But is it still true at a time of shrinking government budgets and ballooning unemployment figures? And if so, what kind of education is best?
Growing one’s economy AND protecting the environment. They’re not mutually exclusive. In fact, green and growth go together. If you have never had electricity, solar power offers growth and green, for example. But what will it take to make green growth happen for everyone?
Transport has major environmental impacts in terms of greenhouse gas emissions, local air emissions and noise. Managing congestion more effectively is also part of the broader agenda for more sustainable development and better use of resources invested in infrastructure.
"The success of green growth will depend on whether it is a shared global agenda. Many developing countries are not yet fully equipped to introduce new ‘greener’ policies and tap into the benefits of a green future", declared Mr Gurría at the Global Green Growth Summit.
Mr. Gurría declared that the Green Growth strategy provides an actionable framework for addressing the twin challenges of expanding economic opportunities, while reducing environmental pressures that could seriously undermine our ability to seize those opportunities.
Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and entrepreneurship driving the shift towards a greener economy.
Green growth means fostering economic growth and development and ensuring that natural assets continue providing the resources and environmental services on which our well-being relies. To do this it must catalyse investment and innovation to support sustained growth.
Green Growth implies a conceptual shift. Climate change and energy issues should not be seen as challenges, but rather as opportunities.