Green growth strategies play vital roles in unlocking synergies between economic growth, environmental protection, and poverty reduction and enabling a transition to an inclusive green economy. By analyzing around 60 specific government programs from around the world, the GGBP demonstrates that green growth is actively practiced around the world as a dynamic pathway to achieve a green economy and sustainable development. The recommendations for effective green growth approaches, based on the experience of early movers, provides practical guidance for national and sub-national policy planning towards the sustainable development goals in the post-2015 development agenda.
This Synthesis of Key Findings elaborates on nine key actions that enable effective green growth policy:
- Use well-designed planning and coordination processes
- Establish clear visions, targets, and baselines
- Undertake robust analysis and balanced communication of the benefits of green growth
- Prioritize options and develop credible pathways toward targets
- Design policies to address multiple goals and respond to specific market failures
- Design public finance instruments to overcome barriers and mobilize private investment
- Tap the power of public-private collaboration
- Pursue mutually reinforcing action across all levels of government
- Build and maintain strong monitoring and evaluation systems