With 7 billion people in the world today and 9 billion by 2050, we must invest in development that will meet the growing demands for food, water and energy. The new OECD publication Putting Green Growth at the Heart of Development suggests that these investments could define a path for inclusive growth and sustainable development by focusing on people’s needs and prospects while respecting the environment. It also gives examples of developing countries’ successful initiatives to do so.
Highlighting the nature of the challenges and opportunities in this field, OECD Secretary General Gurría said: “Putting green growth at the heart of the development agenda requires real political leadership to instill change at international, national and local levels. Our report shows that green growth can offer new opportunities for developing countries. We are looking forward to working with governments and the development co-operation community to reap the benefits of a greener growth path for the well-being of the people in our partner countries.”
To scale up and broaden efforts to green their growth, the report recommends that developing countries mobilise the key coordinating ministries – in particular finance, development planning, and labour – to set clear plans, goals and allocate resources. This has worked well in Cambodia, which adopted a National Green Growth Roadmap that emphasises access to water, agriculture, renewable energy, mobility, finance and investment. In the case of Ethiopia, the goal of its Climate Resilient Green Economy Strategy is to increase GDP by 475% by 2030 and to drastically reduce greenhouse gas emissions.
See full Press Release: http://www.oecd.org/newsroom/green-growth-should-be-at-the-heart-of-development-policies-new-oecd-report-says.htm
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