Green growth and sustainable development

OECD Green Growth Newsletter Issue Seven: June 2011

 

Contents

 

  • Green Growth Strategy released
  • What’s next for green growth: Reshaping the OECD’s work agenda
  • Accessing the International Green Growth Dialogue site for the first time
  • Just launched: A Green Growth Strategy for Food and Agriculture
  • Focus on green growth indicators
  • Recent events
  • Recent publications 
  • July/August key events 

The OECD Green Growth Newsletter keeps OECD Committees and other stakeholders informed about the OECD’s green growth activities.

 

If you have received this newsletter from a colleague, please email greengrowth@oecd.org to receive further issues directly and also to gain access to the International Green Growth Dialogue site. Back issues of the newsletter are also available on the site.

 

We welcome your comments on this newsletter and the Strategy overall. Please send any feedback to greengrowth@oecd.org

Green Growth Strategy released

The four reports below were published on 25 May during a public session of the 2011 OECD Ministerial Council Meeting, and are available on the International Green Growth Dialogue site or from www.oecd.org/greengrowth.

Hillary Clinton’s Summary of the Ministerial Council Meeting 2011"Ministers welcomed the Green Growth Strategy and provided guidance on future work. They agreed that green growth tools and indicators can help expand economic growth and job creation through sustainable use of natural resources, efficiencies in the use of energy, and valuation of ecosystem services.  Ministers noted that innovation, supported by a strong intellectual property rights system, is a key to countries’ abilities to achieve economic growth, create green jobs, and protect the environment." 

 

 

What’s next for green growth: Reshaping the OECD’s work agenda

 

The Green Growth Strategy marks the start of OECD’s longer term agenda to support national and international efforts to achieve green growth. Following the delivery of the Strategy, 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. Further work will also look at how the implementation of the Strategy, both globally and in developing countries, can maximise development outcomes.


Green growth will be integrated in OECD multilateral policy surveillance activity to ensure consistency with the Going for Growth exercise. This will entail developing and linking environmental performance and policy indicators through empirical analysis.  Options for greening the Going for Growth exercise will be discussed in the second half of 2011.

Accessing the International Green Growth Dialogue site for the first time  

 

If you have access problems, please email Catherine Jeffcoat, greengrowth@oecd.org

Another important part of the green growth agenda is to find better ways of measuring progress.  This is important not just for monitoring progress but also for analysing policies and developing sound recommendations.  The OECD will be advancing the measurement agenda in the years ahead so as to improve the possibilities for tracking the transition to green growth in OECD and other economies. 

 

Read more about the next steps.

Just launched: A Green Growth Strategy for Food and Agriculture


Global demand for food is estimated to double by 2050, increasing pressure on land and water. A greener and more efficient food chain can contribute to sustainable growth and food security, with less pressure on marine and land resources. Download the report.

 


Focus on green growth indicators

Important work on measuring progress on green growth remains to be done, including the selection of a small set of core indicators. The set proposed in the report comprises about 25 indicators, not all of them measurable today. The OECD is working closely with other organisations, such as UNEP, the United Nations Statistics Division, other UN agencies, the World Bank, EUROSTAT, and the European Environment Agency, to develop a common set of core indicators for green growth.

 

Priority areas for further work include:

 

  • Filling gaps in environmental-economic data at the industry level, to assist with international comparisons of economy-wide indicators,  and to implement industry-specific policy tools 
  • Improving physical data for key stocks and flows of natural assets
  • Further efforts are needed to produce information on biodiversity
  • Developing monetary values for key stocks and flows of natural assets by determining prices
  • Regular innovation surveys and exploitation of other microdata sets could help our understanding of drivers and impediments to innovation in conjunction with businesses’ environmental and resource efficiency
  • Assessing how indicators on economic instruments can be complemented by indicators on environmental regulation
  • Improvements are required in both objective and subjective measures of the quality of life.

Read more about OECD work on green growth indicators.


Recent events

On June 20-21 the OECD and the Korean Government organized the Global Green Growth Summit 2011, "Building a Planet-Responsible Civilization", in Seoul, marking both the 50th anniversary of the OECD and the 15th anniversary of Korea’s accession to the Organisation. In his opening remarks, President Lee Myung-bak, Republic of Korea said that “’Green growth’ is a term now heard daily in all parts of the world… Many of the problems which we encounter in our own countries are in fact global in nature. And this in turn requires a response at the international level.”

 

Angel Gurría, OECD Secretary-General said “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. Tremendous institutional and capacity development efforts are needed to help them get ready.” 

 

The Green Growth and Development Workshop in Paris on June 28 brought together representatives from developing countries, environmental specialist from development agencies, and invited guest speakers on the relevance of green growth to developing countries. Topics covered included how to apply a green growth lens to development , how to champion green growth, how to meet green growth short-run costs and technology requirements, and the potential opportunities and risks of a global green growth transition on developing and least developed countries.


Recent publications

>> Further reading


July /August key events

For more information, see the events calendar on the International Green Growth Dialogue.


Contact us

 

Nathalie Girouard, Coordinator, Green Growth Strategy, greengrowth@oecd.org


OECD Green Growth website | International Green Growth Dialogue site

 

 

 

 

Countries list

  • Afghanistan
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  • Angola
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  • Argentina
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  • Qatar
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  • Rwanda
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  • Saint Lucia
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  • Serbia
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  • Seychelles
  • Sierra Leone
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  • Uganda
  • Ukraine
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  • Western Sahara
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