Achieving decent living standards for all and improving well-being of people worldwide depends on countries’ ability to transition to an economy that uses fewer resources and generates less pollution, remaining within planetary boundaries. A green transition is an opportunity to improve living standards and strengthen economic resilience while ensuring that the natural assets on which societies and economies depend continue to provide essential resources and ecosystem services. Cleaner air and water, more efficient resource use, healthier ecosystem and more secure energy systems can deliver tangible benefits for people, businesses and communities.
Realising these opportunities requires effective public policies and strong private sector engagement to stimulate and scale-up investment and innovation aligned with long-run sustainability objectives. It also calls for coordinated action across countries and within ministries, including economy, industry, finance, trade, agriculture and environment. A clear conceptual framework and a robust set of indicators are essential to track progress, identify policy gaps and support better decisions