Green growth is vital to secure a brighter, more sustainable future for developing countries. Developing countries will pay a high price for failing to tackle local and global environmental threats because they are more dependent on natural resources and are more vulnerable to resources scarcity and natural disasters.
This book presents evidence that green growth is the only way to sustain growth and development over the long-term. Green growth does not replace sustainable development, but is a means to achieve it. Green growth values natural assets, which are essential to the well-being and livelihoods of people in developing countries, and if policies are designed to respond to the needs of the poorest, green growth can contribute to poverty reduction and social equity.
Building on experience with green growth policies in developing countries and extensive consultations with developing country stakeholders, this report provides a twin-track approach with agendas for national and international action. It responds to developing country concerns about the technical challenges arising from early efforts to “go green” and documents a wealth of examples from developing countries. Green growth objectives and policies will need to be mainstreamed into every government objective and most importantly, into national budgets. Green growth policies can use untapped opportunities to boost domestic fiscal revenues and attract quality investment for years to come. International co-operation is needed to help mitigate the short-term costs that may be associated with pursuing green growth. International flows of money, trade and technology know-how is vital to encourage pursuit of green growth in developing countries.
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Acronyms and abbreviations Executive summary Chapter 1. Understanding the development dimension of green growth -1.1. Green growth can contribute to sustainable development -1.3. The case for a green development model -1.4. Understanding developing country concerns about green growth -1.5. Political challenges, trade-offs and short-term transitional costs of going “green” -Bibliography Chapter 2. Why is green growth vital for developing countries? -2.1. What does growth look like in developing countries today? -2.2. Current growth patterns in developing countries threaten long-term growth and well-being -2.3. What potential benefits might green growth provide to developing countries? -Bibliography -Annex 2.A1. OECD list of recipients of official development assistance Chapter 3. An agenda for action on national green growth policy -3.1. Establishing leadership, setting the vision and planning for green growth -3.2. Designing, reforming and implementing policies that stimulate green growth -3.3. Cross-cutting policies to grow green -3.4. Governing, developing capacity and resources, and learning -Bibliography Chapter 4. International co-operation on green growth -4.1. International co-operation on green growth: An agenda for action -4.2. Pillar 1: Strengthening green finance and investment -4.3. Pillar 2: Promoting green technology innovation through co-operation -4.4. Pillar 3: Facilitating trade in green goods and services -4.5. Factors for success in international co-operation on green growth -Bibliography Chapter 5. Measuring progress towards green growth -5.1. Measuring progress towards green growth 5.2. Implementing green growth measurement in developing countries -5.3. Developing country experience with green growth indicators -5.4. Building capacity to measure and monitor green growth in developing countries -Bibliography -Annex 5.A1. Green growth indicators and themes Chapter 6. Gearing up for green growth across the developing world -6.1. Getting green growth to work for developing countries -6.2. The time to scale up is now -6.3. Moving forward together, with confidence -Bibliography -Annex A. Index of developing country examples