Monday, July 27, 2009

Major world economies aim for "green growth" as the way out of the crisis


The world’s main economies are looking to “green growth” as the way forward out of the current crisis, opening up new prospects for climate-change negotiations ahead of the 15th Conference of the Parties of the UN Framework Convention on Climate Change (COP15) in Copenhagen in December.

Ministers from 40 countries, representing 80% of the world economy, discussed the crisis and where next at the OECD's annual ministerial meeting in Paris. Participants included the 30 OECD member countries plus five countries that are candidates for membership, Chile, Estonia, Israel, Russia and Slovenia, and five major economies with which the OECD has a policy of ‘enhanced engagement’ -- Brazil, China, India, Indonesia and South Africa.

See full Press Release.