Wednesday, June 27, 2012

Green Growth and Developing Countries OECD Consultation

The Organization for Economic Cooperation and Development (OECD) launched a consultation titled 'Green Growth and Developing Countries', was launched on June 17 at the Fair Ideas Forum, a Rio+20 side event, organized by the International Institute for Environment and Development. It involved high level discussions on a green economy draft document. Although the concept of a green economy has been heavily criticized by some developing countries, the goal is to reconcile the environment with economic growth and poverty reduction.

There are concerns that green economy policies could lead to new trade barriers and a corporate takeover of natural resources. The central problem is that the phrase has multiple definitions, and its mechanism (markets and pricing, government subsidies and regulation, government investment, capacity building, and stakeholder partnerships and collaboration) may be contradictory.

Although it is much misunderstood, green growth may be the best option for developing countries to achieve sustainable development.

Click here for the Green Growth and Developing Countries consultative draft report document (pdf).

© 2012, Richard Matthews. All rights reserved.

Related Posts
Corporate Sustainability Pledges at Rio+20 UN Forum
The Corporate Sector can Save the World
Clean Revolution Campaign Launched at Rio+20
At Rio+20 Corporations Make a Natural Capital Declaration Pledge
Rio+20 Announcement: US Partners with CEOs to Reduce Deforestation Through Sustainable Agriculture
Rio+20 Sustainable Transport Agreement
Mandatory Emissions Reporting on the UK Stock Exchange
Siemens is Grooming Sustainability Leaders Through the Students for Sustainability Event
Rio+20 3rd PRME Global Forum
Rio+20 Corporate Sustainability Forum Innovation Collaboration and the Future we Want
Rio+20 Corporate Sustainability Forum Program for June 15
Rio+20 Corporate Sustainabilty Forum Program for June 16
Rio+20 Corporate Sustainability Forum Program for June 17
Rio+20 Corporate Sustainability Forum Program for June 18
The Rio+20 Corporate Sustainability Forum (Video)
UN Supply Chain Sustainability Tool at Rio+20
Game Change Rio: An Interactive Model based on System Dynamics
Rio+20: 350.org Campaign to End Fossil Fuel Subsidies
Success of the #EndFossilFuelSubsidies
Rio+20 our future generations are calling YOU! (Video)

1 comment:

Solar Company NJ said...

To achieve sustainable growth? That statement is 100% true. Look at the majority of third world countries. Its the only way we could give them power and some of the same resources, if we all just go green.

-Sharone Tal