oecd - green growth strategy

8/9/2019 OECD - Green Growth Strategy

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The Green GrowthStrategyOECD Forum 201026-27 May 2010, Paris


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What is green growth?

Green growth can be seen as a way topursue economic growth and

development, while preventingenvironmental degradation, biodiversityloss, and unsustainable natural resource

use.

OECD Forum 2010, 26-27 May 2010, Paris. For more information, see www.oecd.org/greengrowth


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Why green growth? Short-term: transform the opportunity

of the crisis to ensure a more sustainable

economic recovery

Long-term: promote new, greener

sources of growth



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What key environmental challenges will it address?



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What are the key elements of the Strategy?


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What about green innovation?

A key driver of green economies and job creation

Can help lower the cost of responding to

environmental problems

Need to promote entrepreneurship small firms

are a large source of radical innovations

Accelerating green R&D and internationaltechnology transfer will enable global green

growthOECD Forum 2010, 26-27 May 2010, Paris. For more information, see www.oecd.org/greengrowth


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Clear policy signals are essential to

incentivise eco-innovation

Source: OECD (2010), The Invention and Transfer of Environmental Technologies


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Example: International transfer

of solar photo-voltaic technology

Transfer is measured as the relationship between source country of inventions (inventor country) and countries in which protectionof the intellectual property has been sought. See also ENV/EPOC/WPNEP(2009)1/FINAL (www.oecd.org/environment/innovation).
http://www.oecd.org/environment/innovationhttp://www.oecd.org/environment/innovation


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Some preliminary findings on green taxes They are spreading, but there is considerable scope

for increased use to encourage greener activities

If all industrialised countries cut emissions by 20%by 2020 relative to 1990 via taxes or emissionstrading schemes proceeds could be as high as2.5% of GDP

Revenues could be used to generate welfare gains



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Environmentally-related tax revenues, 2000/2008

1. In Mexico, fluctuations of consumer prices on motor vehicle fuels are smoothed out. In 2008, when world market prices were

particularly high, the excise tax on fuels turned into a subsidy equalling 1.8% of GDP.Source: OECD/EEA database on instruments used for environmental policy and natural resource management.


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What about green jobs? Green stimulus measures can help create jobs in theshort-term

The long run impact on total employment is still

uncertain

Labour will be reallocated across sectors, firms andregions

Emerging demand for new green skills An active role for labour market and training

policies



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ConsumersInputs:

Labour, capital, energy, materials, environmental servicesMulti-factor productivity

Outputs:Goods, services

Economic activities (production, consumption, trade)

Policies, measures, instruments:Taxes, subsidies, regulations, investments, innovation

Production process

Recycling,re-use,

re-manufacturing, substitution

Pollutants, waste

Natural capital stocks and environmental quality

Services, amenities,health & safety aspects

Economic and social agents

Natural resources(water, biomass, air, land, energy, materials, )

Publicper-ceptions

How can we measure green growth?



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Questions for further work

What are the main barriers that need to beovercome to enable green growth?

How can we activate greener sources of growth?

How can we best harness green innovation?

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Questions for further work (continued)

What challenges will governments need to addressto move towards greener economies?

What will be the impact on jobs and skills?

What about green growth in developing countries?

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oecd - green growth strategy

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