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Peru,
24th March, 2011
Pavan Sukhdev
Special Adviser and Head – Green Econmy Initiative
United Nations Environment Programme
What is Green
good about the :GEI?
Economy Definition
3. GEI Analysis
UNEP – GREEN ECONOMY INITIATIVE
What is Green
good about the -GEI?
Economy Definition
Stiglitz - Sen –
Fitoussi
3. GEI Analysis
UNEP – GREEN ECONOMY INITIATIVE
Green Economy Initiatives
FOCUS STRATEGY
• Designing and driving • Establish “Enabling Conditions”
transformation in key (regulations, subsidies, taxes
sectors critical or highly and related reforms)
material for greening the • Promote public and private
global economy Investment
KEY SECTORS
• Agriculture, Freshwater, Forests, Fisheries, Energy, Transportation,
Manufacturing, Waste, Buildings, Cities, Tourism
SCENARIO ANALYSIS
• “T-21” model, includes Natural Capital , to forecast outcomes on
Capital stock, GDP growth, Employment
UNEP – GREEN ECONOMY INITIATIVE
UNEP – GREEN ECONOMY INITIATIVE
UNEP’s Green Economy Report
FOCUS STRATEGY
• Designing and driving • Establish “Enabling Conditions”
transformation in key (regulations, subsidies, taxes
sectors critical or highly and related reforms)
material for greening the • Promote public and private
global economy Investment
KEY SECTORS
• Agriculture, Freshwater, Forests, Fisheries, Energy, Transportation,
Manufacturing, Waste, Buildings, Cities, Tourism
SCENARIO ANALYSIS
• “T-21” model, includes Natural Capital , to forecast outcomes on
Capital stock, GDP growth, Employment
UNEP – GREEN ECONOMY INITIATIVE
UNEP – GREEN ECONOMY INITIATIVE
Green Economy : Scenario Analysis
Scenario
Investing 2% of global GDP into ten key sectors for a transition towards
a low-carbon, resource-efficient economy, as against a further 2%
invested in “BAU”,
Key findings
Greening the economy by investing in natural capital, resource and
energy efficiency, & low carbon energy can lead to:
21% 10%
16%
Ecosystem services as a
79%
% of classical GDP 84% 90%
Ecosystem services as a
75%
% of “GDP of the Poor”
89%
47%
Ecosystem services
Source: Gundimeda and Sukhdev, D1 TEEB
UNEP’s Green Economy Report
FOCUS STRATEGY
• Designing and driving • Establish “Enabling Conditions”
transformation in key (regulations, subsidies, taxes
sectors critical or highly and related reforms)
material for greening the • Promote public and private
global economy Investment
KEY SECTORS
• Agriculture, Freshwater, Forests, Fisheries, Energy, Transportation,
Manufacturing, Waste, Buildings, Cities, Tourism
SCENARIO ANALYSIS
• “T-21” model, includes Natural Capital , to forecast outcomes on
Capital stock, GDP growth, Employment
UNEP – GREEN ECONOMY INITIATIVE
UNEP – GREEN ECONOMY INITIATIVE
Green Economy : Sectoral Success Stories
An increase in overall GDP coming from agricultural labor productivity is on average 2.5
times more effective in raising the incomes of the poorest quintile in developing countries
than an equivalent increase in GDP coming from non-agricultural labor productivity.