Green Economy is key catalyst for growth and poverty eradication, says UNEP-report

UNEP has launched a report entitled Towards a Green Economy, Pathways to a Sustainable Development and Poverty Eradication, in advance of Rio 2012, that focuses on innovative ways to reduce poverty and promote sustainable development. The report aims to ”demystify” two myths about greening the global economy. First, sustainable development and economy go together. A…

Green and growth go together, says OECD

The OECD Green Growth Strategy , and the new report, Towards Green Growth, provide a practical framework for governments to boost economic growth and protect the environment. Governments must look to the green economy to find new sources of growth and jobs. They should put in place policies that tap into the innovation, investment and…

UNEP Report Spotlights Enormous Economic and Human Benefits from Boosting Funding for Forests

Investing an additional US$40 billion (0.034 Percent of Global GDP) a year in the forestry sector could halve deforestation rates by 2030, increase rates of tree planting by around 140 per cent by 2050, and catalyze the creation of millions of new jobs according to a report by the UN Environment Programme (UNEP). Backed by…

Governing Development in Africa – Economic Report on Africa 2011 – Focused industrial policy

To catch up and, more important, to meet its own development objectives, Africa needs to promote rapid industrialization that will promote innovation, technological adoption, entrepreneurship, high value added and employment-generating manufacturing. This will enable the continent to overcome the low contribution of industry and manufacturing to GDP and employment. The formulation and implementation of industrial…

OECD countries reaffirmed commitments to open trade and aid

OECD countries have pledged to abstain from trade protectionism as part of a concerted drive to shore up the world economy and combat recession. They also have reaffirmed their commitments on aid to developing countries. Already in November 2008, at a meeting of the OECD’s Executive Committee in Special Session, OECD countries agreed to sustain…

Report shows EU imports from developing countries growing

The European Commission has presented to the European Parliament its regular report on the openness of the European market to imports from developing countries. The report sets out how the EU has continued in 2007 to use its trade policy to advance a pro-development agenda and analyses the relevant data for which the most recent…

UNEP calls for end to barriers on fast-growing green economy

A global ”green economy” is now emerging but governments must move fast to scrap the many barriers and fossil-fuel subsidies that hamper it, the UN Environment Programme (UNEP) said. Presenting an annual report, Year Book 2008, the Nairobi-based agency said investment in environmentally-friendly projects was rising fast and more and more corporations were driving to…