First ever global assessment of best practices in green growth reveals pathways for success
Category: News
Published on Tuesday, 11 March 2014
R20 is pleased to announce the release of the summary of key findings from the Green Growth Best Practice (GGBP) book, ahead of its full release in June 2014. This summary report was unveiled at the 1st Global Conference on Partnership for Action on Green Economy (PAGE) in Dubai earlier this month.
The Green Growth Best Practice book is the result of an initiative led by the Global Green Growth Institute (GGGI), and was written by 75 authors in the field of green growth from a variety of organizations, including R20.
Lead authors Christophe Nuttall (R20’s Executive Director) and Tadashi Matsumoto (OECD Senior Policy Analyst), wrote the chapter on National and Subnational Integration that explores approaches to advancing green growth through coordinated national and subnational programs and across government. Several co-authors contributed to this chapter, including Denise Welch (R20’s Director of Research & Technical Initiatives).
By analyzing around 60 specific government programs from different countries and regions around the world, the GGBP makes recommendations for effective green growth approaches, based on the experience of early movers, and provides practical guidance for national and subnational policy planning.
Green growth strategies play vital roles in unlocking synergies between economic growth, environmental protection and poverty reduction, and enabling a transition to an inclusive green economy.
The Synthesis of Key Findings elaborates on nine key actions that enable effective green growth policy:
· Use well-designed planning and coordination processes;
· Establish clear visions, targets, and baselines;
· Undertake robust analysis and balanced communication of the benefits of green growth;
· Prioritize options and develop credible pathways towards targets;
· Design policies to address multiple goals and respond to specific market failures;
· Design public finance instruments to overcome barriers and mobilize private investment;
· Tap the power of public-private collaboration;
· Pursue mutually reinforcing action across all levels of government;
· Build and maintain strong monitoring and evaluation systems.
The report and supporting case studies will also be available in the form of an online “living handbook,” which will feature an interactive interface.
Read the Synthesis of Key Findings here.
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