Green growth

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Green growth is a term to describe a path of economic growth that uses natural resources in a sustainable manner. It is used globally to provide an alternative concept to typical industrial economic growth. See also green economy.

Green growth as a policy strategy[edit]

The term green growth has been used to describe national or international strategies.

Organizational efforts on green growth[edit]

  • UNESCAP: In 2012, the United Nations Economic and Social Commission for Asia and the Pacific released the Low Carbon Green Growth Roadmap for Asia and the Pacific to explore the opportunities that a low carbon green growth path offers to the region. The roadmap articulates five tracks on which to drive the economic system change necessary to pursue low carbon green growth as a new economic development path.[1]
  • OECD: In 2011 the OECD published a strategy towards green growth.[2]
  • UNEP: In 2008, the United Nations Environment Programme (UNEP) led the Green Economy Initiative.[3]
  • World Bank: In 2012, the World Bank published its report "Inclusive Green Growth: The Pathway to Sustainable Development".[4]
  • International Chamber of Commerce (ICC): In 2010, ICC launched the unique global business Task Force on Green Economy resulting in the Green Economy Roadmap, a guide for business, policymakers and society published in 2012.[5][6]

Organizations devoted to green growth[edit]

  • Global Green Growth Institute: Founded in 2010 by Korean President Lee Myung-bak and later GGGI was first launched as a think tank in 2010 by Korean President Lee Myung-bak [7] and was later converted into an international treaty-based organization in 2012 at the Rio+20 Summit in Brazil.[8]
  • Green Growth Knowledge Platform: In January 2012, the Global Green Growth Institute (GGGI), Organisation for Economic Co-operation and Development (OECD), United Nations Environment Programme (UNEP), and World Bank signed a Memorandum of Understanding to formally launch the Green Growth Knowledge Platform (GGKP).[9] The GGKP's mission is to enhance and expand efforts to identify and address major knowledge gaps in green growth theory and practice, and to help countries design and implement policies to move towards a green economy.[10]
  • KAIST Graduate School of Green Growth: Graduate School of Green Growth (GSGG)[11] at Korea Advanced Institute of Science and Technology (KAIST) provides world-class education and research on green business, sustainable finance, and policy through Green Business and Policy Program(MS), Green Business(MS/Ph.D.), Green MBA, and Green Business and Green Finance Track programs. GSGG was ranked 4th in 'Better World MBA' by Corporate Knights in 2015.[12] Established in 2013, GSGG nurtures professionals in green growth to cope with and adapt to climate change.

National green growth efforts[edit]

  • Korea: In Korea, green growth has become the national strategy model. Korean President Lee Myung Bak has embraced a vision of 'Low Carbon, Green Growth' as the core of the country's new vision on the 60th anniversary of the founding of the nation.[13]
  • United States: In the United States, President Barack Obama has taken several steps toward green growth. President Obama believes that by investing in the future energy production will not only reduce the dependency on foreign energy sources but will also create jobs and 'clean-energy economy'. President Obama has a goal of installing 10 gigawatts of renewable projects by 2020, doubling the wind and solar energy production by 2025, and to develop such policies, which will help to shape the nation's green economy.[14]

See also[edit]


External links[edit]