o action learning. Learning rom existing best practicescan encourage innovation and scaling up. For example,some o the learning material identied in the Caribbeanincludes integrated national planning processes that take a’green economy’ perspective, such Guyana’s Low CarbonDevelopment Strategy and Jamaica’s Vision 2030 NationalDevelopment Plan; and trade agreements that buildresilience together with strong environmental and labourprotections, like one now being negotiated between theCaribbean Community and Canada.
Capital or ‘green’ SMEs.
Financing mechanisms can becreated to support micro, small and medium enterprisesthat cannot achieve the scale required by existing acilitiesset up to encourage low carbon enterprises, such asthe Clean Development Mechanism. The Mali dialoguesuggested the creation o a ‘Green Investment Bank’ or thispurpose. The India dialogue noted the potential o socialinvestment unding to support small-scale low carbonenterprises.
Scaling out through regional cooperation.
Regionalcooperation oers opportunities or building on a widerrange o assets, reducing dependency on external marketsand creating economies o scale, especially or investmentin capital intensive sectors such as renewable energy. TheCaribbean dialogue took a regional approach rom the startand is now seeking to engage a wider range o countriesin the development o a pan-Caribbean vision and plano action. Even larger countries can benet rom taking aregional perspective on the sustainable economic use oshared resources such as river basins.
Targeting key sectors.
Investment in strategic actions totransorm specic sectors can make a major contributiontowards job creation, poverty reduction and environmentalprotection. The Brazil dialogue highlighted the potential onature tourism to generate payments or environmentalservices. The India dialogue identied actions to makethe agriculture sector more sustainable, such as cropdiversication to deal with climate variability and therevival o traditional crop varieties through seed banks, or ood security. The Caribbean dialogue noted the potentialto rapidly transorm the housing sector through regulationand incentives. The Mali dialogue emphasised the role ostakeholder participation in decisions about the use andallocation o the country’s precious water resources.
Broadening and deepening the dialogue.
The visions,ideas and recommendations that have already emerged rom these dialogues only refect a small sample o whatbroader discussions, with a wider range o stakeholders,could oer. The dialogues have yet to ully engage with theprivate sector, ministries o nance and planning, youngpeople and other major stakeholder groups, and doing sowill be critical to the achievement o a shared vision andan implementable agenda. A priority or all countries isthereore to expand the dialogue over the coming months,and a range o innovative approaches, rom regionalseminars to examine local issues in depth to Facebookdiscussion boards, are currently being employed.
Picipls ad piitis
Guided by principles o sustainable development, equity,resilience, accountability and citizen empowerment, thedialogues have begun to shape a set o priority areaso action in the transormation to a green economy indeveloping countries. This emerging set o principles andpriorities may oer a starting point or deeper south-southdialogue on green economy.
1. Sustainable development
This remains the most relevant and desirable developmentparadigm and oers answers to the converging economic,environmental and climate crises the world is now acing.Developing countries have disproportionately suered theimpacts rom the economic mismanagement that hasbred these crises, and where they have beneted rom thegrowth that briefy accompanied it has only been unevenlyand tenuously.‘Green economy’ can add value to sustainabledevelopment practice but cannot replace it as adevelopment paradigm. By approaching developmentlargely through an environmental lens, the sustainabledevelopment project has missed opportunities to