Governance and measurement
Improving governance and measurement – measuring what matters: Green economic governance will redefine progress in light of environmental and societal needs; and make governments, businesses and people more accountable for their actions.
New study aims to get answers on 'green growth'
The problematic question of ‘green growth’ is on the agenda for a new study of the world economy and environment being carried out at Anglia Ruskin University in the UK. The project revisits the issues raised by the classic 1972 ‘Limits to Growth’ book – but this time with more information, better computing power, and more understanding of some of the scientific questions involved.... Continue reading
World’s top industries shown to be unprofitable...
The notion of “externalities” has become familiar in environmental circles. It refers to costs imposed by businesses that are not paid for by those businesses. For instance, industrial processes can put pollutants in the air that increase public health costs, but the public, not the polluting businesses, picks up the tab. In this way, businesses privatize profits and publicize costs.... Continue reading
Why India’s green growth dream is turning into a nightmare
India has maintained a very respectable average GDP growth rate of more than 7.5% since 2007, in spite of the recession in 2008 and slowdown in 2011. However, the growth story cannot stop here. The challenge is to further improve it and sustain.
The bigger challenge is to achieve it ensuring environmental sustainability or in other words achieve green economic growth.... Continue reading
Scotland poised for a green economy
Scotland faces a number of challenges at present, quite apart from deciding its constitutional future. These include dealing with the impacts of climate change (such as increased flooding), an on-going recession, and entrenched social problems. However, Scotland is also uniquely poised to take up some of the challenges of moving to a green economy.... Continue reading
Green grabbing: the dark side of a green economy
In green economies, economic growth and environmental sustainability are seen to go hand-in-hand, and central to this are new financial values and markets for pieces and aspects of nature. But can nature really be sold to save it? Is this compatible with poverty-reducing sustainable development?... Continue reading
The seven steps towards green governance
To lessen the effects of global warming and to remain below a 2 degree Celsius increase in this century, national and local government bodies need to proactively coordinate efforts and facilitate development paths that are in line with growth without adding pressures on the environment. A smooth transition to a green economy depends upon seven related conditions which are both necessary and sufficient to produce substantial changes, and which will enable governments to take on a more proactive role in reversing the course of carbon-based activities.... Continue reading
A national vision for a green economy emerges from Botswana
Botswana recently organised one of Africa’s first multi-stakeholder dialogues to explore the Green Economy (GE) concept and to map out what transitioning to a GE would entail for the country.
The basic principles of Sustainable Development (SD) have been part of the country’s approach to development for the last two to three decades. Botswana has a international track record in pursuing good governance, sustainable growth on the basis of prudent economic management, sound investment of mineral revenues in human and physical capital including health and education infrastructure, establishment of social safety nets, and the wise use and conservation of natural resources and biodiversity in and outside of protected areas.
What does it take to measure what matters?
On Monday, Moody’s credit rating agency announced that the British economy has a ‘negative outlook’. These two small words have sent shivers through the Treasury and the city. Downgrading the creditworthiness of a national economy can have such catastrophic impacts on investment flows that governments have come to fear the verdicts of the large credit rating agencies.... Continue reading
Report or Explain...
How can markets, governments, companies and consumers together make the needed transition to a sustainable Green Economy? This is one of the key questions to be discussed during the last phase of the preparatory process of the Rio+20 conference. The negotiations need to aim at a bold and innovative decision; one which will be vital to the success of the conference, and contribute to the future we want. To this end, the zero draft represents a good starting point, referencing the disclosure of sustainability information by businesses.... Continue reading
How can stock exchanges drive the sustainability agenda?
2012 ought to be a big year for sustainable investment. Calls for a more responsible approach to capitalism are growing, along with the sense that a more sophisticated understanding of investment risk – one which takes longer-term sustainability issues into account – is urgently required.... Continue reading