Cooperation on green growth for sustainable development

On January 12, the United Nations Environment Program (UNEP), the Organization for Economic Co-operation and Development (OECD), the World Bank (WB) and the Global Green Growth Institute (GGGI) cooperated. establish "Knowledge forum on green growth" to create a sharp global tool to identify and narrow the knowledge gap about global green growth theory and practice.

OECD Secretary-General Angel Gurria stressed that with this forum, governments of both developing and developing countries in the world have obtained new information and reliable support to test and select policies and action on green growth to preserve natural capital sources and reduce pollution.

Governments that want to promote growth after the crisis need to strengthen innovation, investment and improve business skills to quickly switch to a green economy.

Picture 1 of Cooperation on green growth for sustainable development

Information technology is essential to help countries avoid reliance on old development by breaking backward consumer practices and investing in new technologies and modern infrastructure.

General Director of GGGI, Richard Samans, forecasts the coming decade will open up new opportunities for more compatibility between economic sustainability and environmental sustainability. Developing countries can turn the "green" factor into new investments in infrastructure and agricultural development and other natural resources to improve lives, create jobs and reduce poverty. .

The knowledge forum on green growth will be the best tool to help innovate the policy making process by providing accurate analysis of interactions and balances between the economy and the environment.

Sylvie Lemmet, UNEP's director of industry, technology and economics, also stressed that the Knowledge Forum on Green Growth will open new opportunities to promote effective ways for the process to transition to economy. Green economy can both create green jobs and income, and positively impact the environment and establish a new threshold to enhance global cooperation for sustainable development.

WB Vice President Rachel Kyte affirmed that by coordinating forces and data sharing, the four global development organizations mentioned above can equip policymakers with effective knowledge and tools. High results to handle choices and compromises, speeding up the process of green and more universal growth.