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“Green Economy Initiative”. Event Location Date Speaker Title UNEP. Outline. Multiple crises Opportunity amidst crisis Rethinking economic recovery: A global green new deal The Green Economy Initiative: A family of initiatives Making the economic case: The Green Economy Report

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Green economy initiative

“Green Economy Initiative”

Event

Location

Date

Speaker

Title

UNEP


Outline

Outline

Multiple crises

Opportunity amidst crisis

Rethinking economic recovery: A global green new deal

The Green Economy Initiative: A family of initiatives

Making the economic case: The Green Economy Report

Engaging global policy processes

Fostering global consensus on green economy

Supporting regional initiatives on green economy

Country technical assistance and advisory services


Green economy initiative

A Global Crisis with Multiple Dimensions and Implications


Green economy initiative

Fuel and food crises - 950 million people worldwide at risk of hunger and malnutrition

Multiple Crises

Financial crisis - threatening jobs worldwide & poverty reduction gains

Climate crisis – exacerbating the others


The economic crisis and employment

The Economic Crisis and Employment

200 million jobs lost between 2007 and 2009


The economic crisis and development

The Economic Crisis and Development

  • Decrease of trade and investment –exports are shrinking.

  • ODA contraction:

    • Slow growth: Every 1 per cent fall in growth in developing countries will translate into an additional 20 million people consigned to poverty (WB).

    • Reduced provision of basic needs, health care and education


Green economy initiative

Global economic growth in past 50 years accompanied by accelerated environmental decline

1981 – 2005: global GDP more than doubled, but 60% of world’s ecosystems degraded/exploited unsustainably

Continued Environmental Neglect


Green economy initiative

Potential for substantial investments in a green economy

Opportunity Amidst Crisis

Opportunity as governments jump start economies


Rethinking the economic recovery a global green new deal

Rethinking the Economic Recovery: A global Green New Deal

Revive the world economy, create new and decent jobs, and protect the vulnerable

Reduce carbon dependency, ecosystem degradation, and water scarcity

Eliminate persistent poverty by 2015…. achieve the MDG’s

From : Edward B. Barbier,

“A Global Green New Deal”,

UNEP, Feb 2009


Global green new deal rationale

Global Green New Deal Rationale

Fiscal stimulus agreed as the way forward, but how sustainable is the recovery ?

“Green Investment” beats a “Shopping Spree”

“Win-Win-Win” solutions exist : Decent Jobs, Lower Risks, Higher Returns

Globalization is a fact : success lies in globally coordinated action ..

“A crisis is a terrible thing to waste” : Seeding the “Green Economy”


Opportunity as governments jump start economies green stimulus packages

Opportunity as Governments Jump Start Economies: Green stimulus packages

source: HSCB 2009, CIA factbook


Investing in renewable energy

Investing in Renewable Energy


Global green new deal components

Global Green New Deal Components

Inernational Policy Architecture

International Trade

International Aid

Global Carbon Market

Global Markets for Ecosystems Services

Development and Transfer of Technology

GGND International Coordination

Domestic Policy Initiatives

Perverse Subsidies

Incentives & Taxes

Land Use and Urban Policy

Integrated Management of Freshwater

Environmental Legislation

Monitoring and Accountability

  • Fiscal Stimulus in 2009-2010

  • Energy Efficient Buildings

  • Sustainable Transport

  • Sustainable Energy

  • Agriculture and Freshwater


Green economy initiative

Green Economy: Key Questions

  • What is the potential for environmental industries to become drivers of future economic growth?

  • What financial, policy and institutional barriers currently inhibit a shift towards a green economy?

  • What national experiences currently exist?


Green economy initiative

The Green Economy Initiative (GEI)

To achieve significant progress in addressing global environmental priorities by the end of 2010 by:

  • making a strong & credible macroeconomic case for massive green investments worldwide

  • offering workable solutions to remove financial, policy, institutional, & market constraints on making such investments


The green economy initiative a family of initiatives

The Green Economy Initiative: A family of initiatives…

16

Green Economy

Report

  • GGND investment, education & training, metrics for green employment growth

Demonstrating that Greening is a new engine for growth, sizing sectoral opportunities, addressing hurdles & enabling conditions

  • Evaluating Ecological Infrastructure

  • Evaluating Biodiversity

    Business

TEEB

Green Jobs

Demonstrating the value of ecosystems & biodiversity, capturing these values, and reversing the vicious cycle of environmental losses and persistent poverty

Sizing and incentivizing growth in green & decent jobs

  • Decent jobs from Community-based Conservation, PES/ IPES implementation,


Under a wide global network

… under a Wide Global Network

UNSD

UNECE

UNCEB

UNDESA

UNSCD

UNEP

G8+5

ILO

UNDP

ITC

Business

& Civil Society

Groups

Multilateral

Institutions

Universities

Regional Forums

Countries

UNEP ETB


Green economy reports

Green Economy Reports

A report on a Global Green New Deal proposing key elements of a global policy response to economic crisis

An in-depth review of the state and prospect of key green sectors and specific policy recommendations


Green economy initiative

Green Jobs

In September 2008, UNEP- ILO launched a report showing:

Investments to reduce climate change and its effects are generating new jobs

Next phase: country studies


Green jobs

Green Jobs

“Where capital flows today, jobs follow tomorrow”

What are the key sectors at risk ? What are the key sectors of opportunity ? And the net change in FTE’s for each ?

How does ‘greening’ impact employment ?

“Green Jobs Report”, September 2008


Green economy initiative

Globally, > 2.3 million workers employed in renewables; by 2030, could be 20 million jobs

Greening buildings in EU & US would create 2 million jobs

In China, 10 million jobs in the recycling sector

Green Jobs

The Report found that:


Green jobs1

Green Jobs


Green economy initiative

The Economics of Ecosystems and Biodiversity

(TEEB)

  • To motivate actions to significantly reduce biodiversity loss by 2010

  • Results to feed into Green Economy Reports


Teeb interim report three key messages

TEEB – Interim ReportThree Key Messages

Economic Size & Welfare Impact of Losses is huge

Strong link with

Poverty & risk of

MDG’s failure

Discount rates

are ethical choices


Teeb interim report from economics to policies

TEEB – Interim Report“From Economics to Policies”

25

Rethink todays subsidies to meet tomorrow’s priorities

Reward unrecognized

benefits, penalize

Uncaptured costs

Share the benefits of

conservation

Measure what

we Manage !


Green economy initiative

TEEB II Deliverables

  • A global valuation study providing conceptual background for guidance documents;

  • A guidance report for international and national policymakers;

  • A guidance report for regional and local administrators;

  • A guidance report for business and industry;

  • A guidance report for consumers.


Making the economic case the green economy report

Making the Economic Case: The Green Economy Report

The objective of the Green Economy Report is to make and communicate a strong and convincing economic case for greening economies and creating decent green jobs by investing in a new generation of assets (social, natural, human, and financial).


A green economy is not

A “green economy” is not …

…One which undermines natural capital..

….Or risks human survival ...

‘Ecological Footprint’ already exceeds Earth’s regenerative capacity… our demands on the planet have doubled over the last 40 years…

Global GHG Emissions at 42 GtCO2e per annum are 5 times higher than the Earth can absorb …

UNEP ETB


Green economy report and its offshoots

Green Economy Report…. and its offshoots

GGND : A Policy Brief

Enabling Conditions

- Finance

  • Subsidies

  • Markets

Regional / Country Reports

Regional / Country Reports

UNEP ETB


The unep global green new deal

The UNEP Global Green New Deal

Following Roosevelt’s strategy in the 30s, advocacy for a green revolution.

Initialized in 2008 by the UNEP, the GGND was a key document of the 2009 G20 in London.

« Jump-starting the transition to a green economy”

International components : Urgent reforms to international architecture.


The unep global green new deal1

The UNEP Global Green New Deal

National Components : Green priorities for fiscal spending, and reforms to national architecture

Optimizing “quick wins” and “sustainable returns to investment” objectives in stimulus packages

Addressing both Developed World and Developing World circumstances

Avoiding past mistakes of capital mis-allocation.


The green economy report overview

The Green Economy Report, Overview

The GER is an in-depth sectoral analysis of the economic and social potential impact of green investments resulting from green stimulus packages.

Targets: Decision makers, government officials, business executives, researchers and representatives of civil society organizations.


Ger operational framework

GER – Operational Framework

Open architecture, end-user targeted, dialogue-based, inclusive…

UNEP Green Economy Team

Technical Advisory & Coordination Team (TACT)

Global

Green

New

Deal Report

Project Implementation & Communications Team (PICT)

Note : Each Chapter has a “Writing Team” composed of the chapter authors, contributors and

Other experts and stakeholders from government, international institutions, business and civil society


Investing in green sectors

Investing in Green Sectors

Renewable energy

Clean tech : materials & energy efficiency

Low carbon cities , buildings & transport

Waste management & mitigation

Ecological infrastructure

Biodiversity-based businesses


Sustainable cities

Sustainable Cities

Cities are polluted, crowded and complex to manage.

Delivering the smart city: The GER will a guidance plan for mayors to improve sustainability and growth in cities.


Green buildings

Green Buildings

  • Energy efficient buildings: Investments in improved energy efficient buildings = 2-3.5m jobs in Europe & USA.

  • InAustralia a proposed US$ 3b green housing over 4 years is expected to reduce green house gas emissions by 3.8mtons/year = 160,000 jobs

  • In the US it is estimated that US$ 100b to improve energy efficiency of building & cities over 4 years will generate 2m new jobs.


Sustainable transport

Sustainable Transport

● Shifting 25% of all air travel in 2050 under 750 km to high speed rail travel would result in savings of around .5 GT of CO2/year (IEA, ‘08)

● Shifting 25% of all road freight over 500 km to rail, .4 Gt of CO2/year could be saved (IEA, ‘08).


Renewable energy

Renewable Energy

About 2.3 million jobs in renewable energy sector in comparison to 2 m employed in oil & gas refining industry in ’99.

Projected investments of US$ 630b in renewable energy sector by 2030 would translate into at least 20 m jobs.


Renewable energy case study

Renewable energy: case study

China: RE sector generates output worth US $ 17 bill & employs 1 mill.

Nigeria: a biofuels industry based on casava & sugar can provide 200,000 jobs

India: 900,00 jobs could be created in the biomass gasification by 2025

Bangladesh: At least 20,000 jobs have been created with the uptake of 3 renewable energy technologies (PV solar home systems biogas facilities, & improved cooking stoves)


Water

Water

●Market for water supply, sanitation,& water efficiency estimated at US$ 253 bn & is expected to grow to US$ 658 bn by 2020.

● Estimated Investment of USD 15 bn per annum.

● This could generate USD 38 billion (with 15 bn in sub-Saharan Africa).


Sustainable agriculture

Sustainable Agriculture

Organic agriculture sustains health of soils, ecosystems & people

Provides more than 30% more jobs/ha than non-organic

China has increased its allocation of land for organic prod from 300,000 ha in ‘05 to 3.5 mill ha in ’06

In Ethiopia alone, 6 bn is being invested in land management during a period of 15 years.


Forests

Forests

  • Many communities directly depend for their livelihoods on non timber forest products.

  • Sustainable forest management can:

    • create massive employment, provide for livelihoods,

    • make a significant contribution to the fight against climate change,

    • combat desertification and land degradation.


Engaging global policy processes

Engaging Global Policy Processes

Green economy presence at strategic policy junctures:

Sessions of the Commission on Sustainable Development

UN Conference on the World Financial and Economic and its Impact on Development in New York (June 2009)

G8 Summit 2009 in Italy (July 2009)

ECOSOC Substantive Session in Geneva (July 2009)

World Climate Conference 3 in Geneva (August-September 2009)

Global Renewable Energy Forum in Mexico (October 2009)

UNEP Finance Initiative 2009 Global Roundtable in Cape Town (October 2009)

UNFCCC COP 15 and Kyoto Protocol MOP 5in Copenhagen (December 2009)

International Association for Impact Assessment 2010 meeting in Geneva (April 2010) among other targeted events. Ect…


Fostering a global consensus on green economy

Fostering a Global Consensus on Green Economy

Engaging governments on an global policy document on Green Economy, modelled on the “IPCC Synthesis Report”

Objective of adoption of the policy document at the UNEP Governing Council/Global Ministerial Environment Forum in 2011


Supporting regional initiatives on green economy

Supporting Regional Initiatives on Green Economy

Regional initiative for “East Asia Low Carbon Green Growth”

Regional initiative on Green Economy in West Asia, in collaboration with UNEP ROWA

Regional Imitative on Green Economy in Africa, in collaboration with UNEP ROWA


Country technical assistance and advisory services

Country Technical Assistance and Advisory Services

Korea: UNEP is organizing an independent review of “Korea Green Growth National Vision”.

China: UNEP has received a proposal from the Government to support policy research that would feed into China’s national five-year plan.

Uruguay: The Government has requested UNEP support in undertaking a green economy initiative.


Two green economy leaders

Two “Green Economy” leaders ….

  • Mexico

  • “Green Fund”

  • combined gov’t/biz vision and implementation

  • cogeneration

  • will announce goals for 2012. Going for

  • stats and research-backed policy change…

  • they have own ‘Stern Review’ (3x cheaper now vs later)…

  • “Green Agenda” as growth driver…

  • Korea

  • President’s “Green Growth National Vision” of August ‘08

  • Jan’09 “Green New Deal”

  • Significant “Green” components of Fiscal Stimulus Package..

  • …..700,000 of 1 mio new jobs

  • …..$ 28 billion / $ 36 billion total

  • Cleaning 4 main rivers, Reforestation, Renewables, Buildings…

15.11.2014

48

UNEP ETB


Green economy initiative

A new Engine for the Economy ?

UNEP ETB


Green economy initiative

More Information

UNEP Green Economy Website

http://www.unep.org/greeneconomy/


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