14 th Meeting of the Mediterranean Commission on Sustainable Development
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Transcript of 14 th Meeting of the Mediterranean Commission on Sustainable Development
14th Meeting of the Mediterranean Commission on Sustainable Development
Milocer (Budva), 30 May – 1 June 2011
Moustapha Kamal Gueye
United Nations Environment Programme
UNEP Green Economy Report
• Investing 2% of global GDP into ten key sectors for a transition towards a low-carbon, resource-efficient economy.
Key findings• Investing in natural capital,
resource and energy efficiency can lead to:
– Higher rates of GDP growth over time and enhanced wealth
– Reduced poverty– Decent employment
A green economy can create employment• Agriculture - over the next decade, shifting
to sustainable agriculture could increase global employment by as much as 4%
• Forests - forest conservation and reforestation could boost formal employment in this sector by 20% by 2050
• Transport - improved energy efficiency across all transport modes combined with modal shift would increase employment by about 10% above business-as-usual by 2050• Energy - expansion of
renewables and investments in energy efficiency could generate employment that is 20% higher than business as usual by 2050
Opportunities for green jobs
Source: Green Jobs Report (UNEP 2008)
20.4 million jobs by 2030 in renewable energy
Turnover of the Environmental Goods and Services Sector in the EU - Actual: Euros 319 billion in 2008 (2.5%of GDP)
Key finding: A green economy stimulates growth, exceeding BAU over time…
GDP growth (%)
…while reducing ecological scarcities and environmental risks
Green Economy and Water– Under the green investment scenario, all the
MDGs for water are achieved in 2015, making a major contribution to poverty and water borne diseases.
Enabling conditions for a green economy
• Establish sound regulatory frameworks
• Remove harmful subsidies (e.g. fossil fuels, fisheries)
• Prioritize green investment
• Utilize market mechanisms and taxation
• Build capacity through training and technology transfer
Incentives for Eco-Innovation
UNEP – GREEN ECONOMY INITIATIVE
Source: OECD (2010), The Invention and Transfer of Environmental Technologies
Incentive for eco-innovation : CLEAR POLICY SIGNAL!
Financing the green economy
• Investment in greening key sectors is growing but needs further expansion
– Investments in clean energy were $180-200 bn in 2010, up from $46 bn in 2004
• Scope for increasing green investments from international finance institutions and national development banks - investing USD350 bn/yr
• Need for additional innovative mechanisms and tools – Green Climate Fund– Payments for Ecosystem Services (e.g.
REDD+)– Environment, social and governance
reporting
China – Solar Water Heaters
Economic Benefits
Economic Benefits
Industry/ Highly
profitable
Household/ save fuel costs ($50 - $500)
Environmental
Benefits
Environmental
Benefits
Reduce fossil fuel consumption
Save 348,000 tsce of fossil energy/ year
Social BenefitsSocial
Benefits
Reduce risk of CO poisoning, Rheumatoid
arthritis
600,000 employed
Tunisia – Clean Energy
Brazil – Sustainable Cities
Sustainable Planning Initiatives
UNEP – Green Economy Initiative
Thank You
UNEP Green Economy reporthttp://www.unep.org/greeneconomy/GreenEconomyReport/tabid/29846/Default.aspx