Green Growth Best Practices - Synthesis of Key Findings

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March 2014
Source: 
Green Growth Best Practice (GGBP), Global Green Growth Institute (GGGI)

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