Metrics and Indicators

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ABOUT THE COMMITTEE

Quantifying the economic opportunities associated with the transition to a green economy is central to enabling decision makers to effectively communicate the value proposition of green growth. However, tracking green growth opportunities such as new employment, investment and innovation can be challenging due to the dearth of relevant data and the lack of policy indicators to meaningfully assess such data. The Metrics and Indicators Research Committee works to address this critical knowledge gap by examining existing data and methodologies for quantifying green growth opportunities. The Committee highlights data gaps and measurement challenges and identifies potential solutions for new data collection, methodological work and indicator development.

 

Committee Members

Special AdvisorEnvironment Directorate, OECD
Senior EconomistResearch Department, ILO
Founder and CEOKnowledge SRL
Extraordinary Associate Professor of System DynamicsStellenbosch University
AssociateInternational Institute for Sustainable Development (IISD)
Associate Director of the Department of Environmental PolicyChinese Academy for Environmental Planning
Senior Environmental EconomistItalian Ministry of Environment, Land and Sea
Economic Policy AdvisorDeutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Independent Expert
Policy Specialist Environmental EconomicsUnited Nations Development Programme (UNDP)
Senior Research FellowKorea Environment Institute (KEI)
Assistant ProfessorBeijing Normal University School of Economics and Resource Management
Project LeaderCentro Mario Molina (MCC)
Director of ResearchSmart Prosperity Institute (SPI)
Adjunct Professor,Sauder School of Business, University of British Columbia
Research AssociateGreen Growth and Resources Efficiency Division, TERI
Senior Research FellowÉcole Polytechnique Fédérale de Lausanne (EPFL)
PresidentDevelopment Alternatives
Principal Policy Researcher, Leader of Green Economy AreaInstitute for Global Environmental Strategies (IGES)
Programme OfficerThe United Nations Environment Programme (UN Environment)

CURRENT RESEARCH PRIORITIES

In February 2016, the Metrics and Indicators Research Committee released a scoping study on “Measuring Inclusive Green Growth at the Country Level”. The paper identified a number of critical knowledge gaps, including: (i) economic values of stocks and flows of natural assets; (ii) qualitative dimensions of natural assets; (iii) sustainable use or extraction of natural assets; (iv) combining micro-level economic and environmental data; (v) resilience of socioeconomic systems to ecological shocks; (vi) tracking of employment effects, investment and other economic effects, in particular on the opportunities side; (vii) aggregate impacts of environmental policies; and (viii) distributional impacts of environmental changes and policies.

In the Committee’s next cycle of work, it has chosen to focus on the measurement of economic opportunities associated with the transition to a green economy. The Committee’s work will include an investigation of methods, models and indicators applied in the following economic sectors: finance and investment; employment and household income; industrial output and processes; and trade and value chains. In addition, specific overarching frameworks and classifications relevant to this discussion will be analysed, including those related to the Environmental Goods and Services Sector (EGSS), which can inform the measurement of green jobs, investment and exports.

GGKP INDICATORS AND MEASUREMENT PAPERS

Measuring Inclusive Green Growth at the Country Level, Green Growth Knowledge Platform (2016)
Moving towards a Common Approach on Green Growth Indicators, Green Growth Knowledge Platform (2013)

ADDITIONAL RESOURCES

A full list of resources on green growth metrics and indicators can be accessed through the GGKP's "Indicators & Measurement" theme page or through the GGKP's resource library.