Green Economy Initiative

“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  Engaging global policy processes  Fostering global consensus on green economy  Supporting regional initiatives on green economy  Country technical assistance and advisory services A Global Crisis with Multiple Dimensions and Implications Multiple Crises Fuel and food crises - 950 million people worldwide at risk of hunger and malnutrition Financial crisis - threatening jobs worldwide & poverty reduction gains Climate crisis – exacerbating the others The Economic Crisis and Employment 200 million jobs lost between 2007 and 2009 The Economic Crisis and Development Continued Environmental Neglect  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 Opportunity Amidst Crisis Opportunity as governments jump start economies Potential for substantial investments in a green economy Rethinking the Economic Recovery: A global Green New Deal From : Edward B Barbier, “A Global Green New Deal”, UNEP, Feb 2009 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” Green Buildings  Energy efficient buildings: Investments in improved energy efficient buildings = 23.5m jobs in Europe & USA  In Australia a proposed US$ 3b green housing over 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 years will generate 2m new jobs Sustainable Transport ● Shifting 25% of all air travel in 2050 under 750 km to high speed rail travel would result in savings of around GT of CO2/year (IEA, ‘08) ● Shifting 25% of all road freight over 500 km to rail, Gt of CO2/year could be saved (IEA, ‘08) Renewable Energy About 2.3 million jobs in renewable energy sector in comparison to 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  China: RE sector generates output worth US $ 17 bill & employs 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 renewable energy technologies (PV solar home systems biogas facilities, & improved cooking stoves) 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  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 in ‘05 to 3.5 mill in ’06 In Ethiopia alone, bn is being invested in land management during a period of 15 years 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 Green economy presence at strategic policy junctures:  Sessions of the Commission on Sustainable Development  UN Conference on the World Financial and Economic and its Development in New York (June 2009) Impact on  G8 Summit 2009 in Italy (July 2009)  ECOSOC Substantive Session in Geneva (July 2009)  World Climate Conference 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  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  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  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 …  Mexico  Korea  “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…  President’s “Green Growth National Vision” of August ‘08  Jan’09 “Green New Deal”  Significant “Green” components of Fiscal Stimulus Package  … 700,000 of mio new jobs  … $ 28 billion / $ 36 billion total  Cleaning main rivers, Reforestation, Renewables, Buildings… 23.06.16 48 UNEP ETB A new Engine for the Economy ? 23.06.16 49 UNEP ETB More Information UNEP Green Economy Website http://www.unep.org/greeneconomy/ [...]... 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… Bu iv at si ers ing ne it ss y Ev al In uat fr i n as g  tr E c Bi Eva uct olo ur g i o d lu e c  Green Economy Report Demonstrating that Greening is a new engine for... A guidance report for consumers 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 … …One which undermines natural capital ….Or risks... Transport Sustainable Energy Agriculture and Freshwater 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? The Green Economy Initiative (GEI) To achieve significant progress in addressing... studies 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 Jobs The Report found that:  Globally, > 2.3 million workers employed in renewables; by 2030, could be 20 million jobs  Greening... Universities 23.06.16 Multilateral Institutions Regional Forums 17 Countries UNEP ETB Green Economy Reports 1 A report on a Global Green New Deal proposing key elements of a global policy response to economic crisis 2 An in-depth review of the state and prospect of key green sectors and specific policy recommendations Green Jobs In September 2008, UNEPILO launched a report showing: Investments to reduce... organizations GER – Operational Framework Open architecture, end-user targeted, dialogue-based, inclusive… UNEP Green Economy Team Technical Advisory & Coordination Team (TACT) Policy Context: Multiple Global Green New Deal Report crises Change Poverty Core policy principles underlying a Green Economy Sustainable cities Climate Transport Renewable Energy Forest Agriculture Project Implementation & Waste... annum are 5 times higher than the Earth can absorb … 28 UNEP ETB Green Economy Report … and its offshoots Enabling Conditions GGND : A Policy Brief - Finance - Subsidies - Markets - Regional UNEP /ETB Regional / Country Country Reports Reports 23.06.16 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... 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 Deal  National Components : Green priorities for fiscal spending, and reforms to national architecture  Optimizing “quick wins” and “sustainable returns to... Addressing both Developed World and Developing World circumstances  Avoiding past mistakes of capital mis-allocation 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...Opportunity as Governments Jump Start Economies: Green stimulus packages Country Australia Stimul us USbn Stimulus as % of GDP/GNI Green Fund Usbn % of Green stimulus Green stimulus as % of GDP 26.7 2.49 2.5 9% 0.2 China 586.1 13.88 221.3 38% 5.2 Japan 485.9 10.03 12.4 3% 0.3 Korea, Rep 38.1 4.44 30.7 81% 3.6