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Towards a Green Economy

Towards a Green Economy

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Published by: Great on Apr 28, 2011
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06/02/2012

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eco
GREEN
 y nomy 
Pathways to Sustainable Developmentand Poverty Eradication
 
 A Synthesis for Policy Makers 
Towards a
 
UNEPpromotes environ-mentally sound practicesglobally and in its own activities.This publication is printed on 100%recycled paper, using vegetable -basedinks and other eco-friendly practices.Our distribution policy aims to reduceUNEP’s carbon footprint.
Copyright © United Nations Environment Programme, 2011
 This publication may be reproduced in whole or in part and in any orm oreducational or non-proft purposes without special permission rom the copyrightholder, provided acknowledgement o the source is made. UNEP would appreciatereceiving a copy o any publication that uses this publication as a source.No use o this publication may be made or resale or or any other commercialpurpose whatsoever without prior permission in writing rom UNEP.
Citation
UNEP, 2011,
Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication - A Synthesis for Policy Makers
, www.unep.org/greeneconomy
Disclaimer
 The designations employed and the presentation o the materialin this publication do not imply the expression o any opinionwhatsoever on the part o the United Nations EnvironmentProgramme concerning the legal status o any country,territory, city or area or o its authorities, or concerningdelimitation o its rontiers or boundaries. Moreover,the views expressed do not necessarily represent thedecision or the stated policy o the United NationsEnvironment Programme, nor does citing o tradenames or commercial processes constituteendorsement.Layout and printing by:100 Watt, St-Martin-Bellevue, France Tel. +33 (0)4 50 57 42 17
Towards a Green Economy 
 
i - ii
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 C ont   ent   s 
Contents
List of Figures..............................................................iii Acknowledgements ...................................................iv Foreword .....................................................................v Introduction .............................................................01
From Crisis to Opportunity ................................................................................................................................01 An Era o Capital Misallocation ..........................................................................................................................01What is a Green Economy? ...............................................................................................................................02How Far are we rom a Green Economy? ..........................................................................................................03How to Measure Progress towards a Green Economy .......................................................................................05 Towards a Green Economy ...............................................................................................................................05
Key Findings .............................................................06
 A Green Economy Recognizes the Value o, and Invests in, Natural Capital ........................................................06 A Green Economy is Central to Poverty Alleviation .............................................................................................10 A Green Economy Creates Jobs and Enhances Social Equity ............................................................................13 A Green Economy Substitutes Renewable Energy and Low-carbon Technologies or Fossil Fuels ......................15 A Green Economy Promotes Enhanced Resource and Energy Efciency............................................................16 A Green Economy Delivers More Sustainable Urban Living and Low-carbon Mobility .........................................21 A Green Economy Grows Faster than a Brown Economy over Time, while Maintainingand Restoring Natural Capital ............................................................................................................................23
Enabling Conditions ................................................28
Establish Sound Regulatory Frameworks ...........................................................................................................28Prioritize Government Investment and Spending in Areas that Stimulate the Greening o Economic Sectors .......29Limit Government Spending in Areas that Deplete Natural Capital......................................................................30Employ Taxes and Market-based Instruments to Promote Green Investment and Innovation ..............................31Invest in Capacity Building, Training and Education ............................................................................................33Strengthen International Governance .................................................................................................................33
Financing the Green Economy Transition ................35Conclusions .............................................................38 Annexes ...................................................................40
 Annex I: Annual Green Economy Investment (by sector).....................................................................................40 Annex II: The Threshold 21 (T21) Model .............................................................................................................42 Annex III: Impacts o Allocating an Additional 2% o GDP towards Greening the Global EconomyRelative to 2% in Business as usual ...................................................................................................................43

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