Transcript Towards green growth - U.S. Council for International Business

International Business Green Economies Dialogue:
Getting Green Growth Policies Right
USCIB Side-event
Nathalie Girouard
Coordinator Green Growth and Sustainable Development
• Brochure: OECD work of relevance to Rio+20
• Available from www.oecd.org/rio+20
www.oecd.org/greengrowth
The OECD Green Growth Strategy
• Multi-disciplinary inter-governmental process
– Involving 25 OECD Committees: delegates from Ministries of Finance, Economy,
Environment, Agriculture, Development Co-operation, Industry, etc.
• Strategy delivered to Heads of State and Ministers in 2011:
– Towards Green Growth
– Tools for delivering on green growth
– Towards Green Growth:
Measuring Progress – OECD Indicators
• Embedded in OECD work on
New Approaches to Economic Challenges growth
www.oecd.org/greengrowth
Delivering on green growth:
GG in OECD national and multilateral policy surveillance
• Country peer reviews and studies
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Economic Surveys
Environmental Performance Reviews
Innovation Reviews
Investment Policy Reviews
Green Cities Programme
• Greening Growth and Going for
Growth
• Analyse the side effects of growthenhancing policy priorities on the
environment (and on income distribution)
• Analyse the links between environmental
policies and outcomes and the effects of
environmental policies on growth
www.oecd.org/greengrowth
Green Growth and Developing Countries:
• Proposes a policy framework and criteria for policy making
that can be used by developing countries.
• Will look at how progress could be assessed.
• Based on consultation with developing countries ; helps
developing country partners shape a green growth agenda relevant to them .
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An interim version of the report is being presented for consultation at
Rio+20; then in-depth consultation at regional and country levels.
www.oecd.org/greengrowth
Delivering on green growth:
OECD Sectoral and Thematic Green Growth Studies
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Food and Agriculture
Energy (OECD/IEA)
Biodiversity
Water
Development
Innovation and technology transfer
Freedom of investment for green growth
Green Financing
Environmental regulations and growth
Job potential of a shift towards a low-carbon
economy
www.oecd.org/greengrowth
Removing inefficient fossil fuel subsidies:
good for the environment and the economy
Impacts on GDP of unilateral subsidy phase out in 2050
(% deviation from baseline)
(1) Middle East & Northern Africa
(2) Other Asian, African and Latin American Emerging economies
Source : OECD ENV-Linkages Model; based IEA subsidies data for the year 2009
www.oecd.org/greengrowth
Support to fossil fuel production and use in advanced
economies, by fuel type
Note: This graph is based on an arithmetic sum of the individual support measures identified for a sample of 21 OECD countries, i.e. the 24
OECD countries included in the inventory net of those countries for which estimates have not been collected yet (Chile, Iceland and
Luxembourg). It reflects the value of tax relief measured under each jurisdiction’s benchmark tax treatment. The estimates do not take into
account interactions that may occur if multiple measures were to be removed at the same time
Source: OECD (2011), Inventory of Estimated Budgetary Support and Tax Expenditures for Fossil Fuels.
www.oecd.org/greengrowth
4.0
0.0
-0.5
-1.0
Mexico
Colombia
Peru *
United States
Guatemala *
Uruguay
Chile
Canada *
Argentina *
New Zealand
China
Japan
Spain
Australia
France
Poland
Hungary
Slovak Republic *
Switzerland
Belgium
Iceland
South Africa
Germany
Dominican Republic *
Luxembourg
Costa Rica *
Norway
Austria
Portugal
Ireland
United Kingdom
Greece
Italy
Sweden
Korea
Czech Republic
Finland
Estonia
Slovenia
Brazil
Israel
Netherlands
Turkey
Denmark
% of GDP
Revenues from environmentally related taxes
In per cent of GDP, selected countries, 2010
4.5
Other
* 2009 figure
Motor vehicles
Energy
3.5
3.0
2.5
2.0
1.5
1.0
0.5
www.oecd.org/greengrowthwww.oecd.org/env/policies/database
THE IMPORTANCE OF CLEAR POLICY SIGNALS
Trends in patenting activity worldwide
Note: Patent counts refer to the number of "claimed priorities", by the first filing date worldwide, shown as 3year moving averages and indexed on the year 1997.
Source: OECD calculations based on data extracted from the EPO Worldwide Patent Statistical Database
(PATSTAT, October 2011) using algorithms developed at the OECD and the EPO. See Energy and Climate
Policy and Innovation: Bending the Trajectory (OECD, 2012).
www.oecd.org/greengrowth
OECD framework for measuring well-being and progress
www.oecd.org/greengrowth
Towards green growth - Monitoring progress
Measurement framework
www.oecd.org/greengrowth
Towards green growth - Monitoring progress
Indicator groups and topics
www.oecd.org/greengrowth
Green Growth Indicators in practice
Green growth indicators are used in
OECD work: country studies, peer reviews
Green growth indicators are applied in
countries (OECD countries, emerging
economies, developing countries)
• The Czech Republic, Korea and the
Netherlands have applied the OECD
green growth measurement framework
• Work is underway in Mexico, Colombia,
Costa Rica, Ecuador, Guatemala, Paraguay,
in partnership with UNIDO.
• Work is underway in Kyrgyzstan.
• Work is planned in East-Asian countries.
 Feedback on policy relevance
 Exchange of experience and best practices
 Contribution to indicator improvement
www.oecd.org/greengrowth
 Mission:
 enhance and expand efforts to identify and address major
knowledge gaps in green growth theory and practice
 help countries design and implement green growth policy
www.oecd.org/greengrowth