Recommendations for an Equitable Green Growth Architecture

The Green Economy Barometer, released at a U.K. conference in February, outlines the existing structures, organizations and national policies that underlie the green economy, and identifies gaps which may be impeding equitable growth. The report differentiates between green growth, which has focused on attracting investment, and green economy, which requires policy reform to create a more equitable economic system. “A green economy should start where the majority of people are, tackling poverty and helping them to develop their assets and meet their needs and aspirations. So it should actively include the informal economy, small and medium enterprises, and locally owned and run solutions – not just big business”. The paper concludes: “For the shoots of the green economy to grow, mature and replace the current economic system, we need collective action to tackle some of the ‘fault-lines’ that are fragmenting the green economy landscape. We also need urgently to connect the macro objectives of a green economy transition to societal needs and aspirations”.

LINKS

Green Economy Barometer: Who is Doing What Where and Why? by the Green Economy Coalition and the International Institute for Environment and Development (IIED) is available at: http://pubs.iied.org/pdfs/16573IIIED.pdf

Summary of the report and discussions from the conference are at the International Institute for Environment and Development website at:
http://www.iied.org/support-for-green-economy-surges-crucial-gaps-remain, and a Reuters summary is at: http://www.trust.org/item/20140227105421

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