* China and Germany and there growing trade >>> China's Reminbi heading towards reserve status >>> China’s state planning agency ordered seven provinces and cities to set caps on greenhouse-gas emissions in preparation for the launch of local pilot carbon market >>> Kaeser’s new ESD rotary screw compressors >>> Paques builds world's largest ANAMMOX® wastewater treatment plant for ammonium removal in China >>> Separation mechanism - rotates to suit any requirement S+S Separation and Sorting Technology has completely redesigned its well-known RAPID COMPACT metal separator. >>> Inner Mongolia began an overhaul of its mining sector >>> Inner Mongolia began an overhaul of its mining sector >>> Beijing saw 27 “blue-sky days” in May >>> Bookstores and pharmacies in China will soon be forbidden to provide free plastic bags >>> China’s state monopoly on tobacco is an advantage for the government, >>> Judges across China have been ordered to issue harsher sentences, including execution, to people convicted of food-safety violations >>> Thousands of migratory birds have been forced to leave the their stopover at Honghu early because of the drought >>> The drought gripping stretches of central and eastern China has dried Honghu into an expanse of exposed mud >>> Beijing: Only 50% of garbage to be landfill by 2012 >>> China will reach it 20% renewable energy target by 2020 >>> Vestas announces wind turbine order in China >>> China will spend at least 12 billion yuan (US$1.76 billion) to subsidise smaller, fuel efficient cars by 2012 >>> A Chinese environmental update >>> Scientists are calling for the long-term risks of genetically modified crops to be reassessed >>> China will use a weekend meeting on climate change to demonstrate its sincerity in reducing carbon emissions >>> Europe’s SMOS spacecraft is returning valuable new data on the way water is cycled around the globe >>>China and the European Union agreed to hold regular talks to strengthen collaboration and deepen understanding on climate change >>>Premier Wen Jiabao promised “all-out efforts” to rebuild the Yushu region of Qinghai province >>> Salvage crews began pumping oil from a Chinese coal-carrying ship stuck on Australia’s Great Barrier Reef >>> US president Barack Obama announced plans for expansion of offshore oil and gas drilling in an effort to win support for new climate-change proposals >>> The international mining giant Rio Tinto says it has signed a deal with China to develop a massive iron-ore mine in Guinea >>> Rich countries are “importing” about a third of their CO2 emissions >>> China is starting to prepare for the commercial and strategic opportunities arising as global warming melts polar ice cover in the Arctic >>> S. Korea's Kia Motors introduces eco-friendly, plug-in hybrid concept car >>> European Parliament calls for ‘new climate diplomacy’ >>> China plans to build national renewable energy center >>> Agriculture a major source of water pollution in China >>> China issues rules on maritime wind energy projects >>> ADB approves $135 mln loan for China's green power plant >>> US$ 952mln loss from record drought >>> Cold weather puts chill on travel during lunar festival >>> Shift to green growth in place >>> 67 nations pledge emissions cut >>> Record volume of water flows out of Qinghai-Tibet Plateau >>> China's coal mining hub urged to adopt low-carbon tech >>> Gov't to invest 12 bln yuan in rural environment protection >>> China to continue effort in pollution, emission control >>> Green movement good news for recharging equipment firms >>> China reaffirms to fulfill emission mitigation plans >>> More waste incineration projects planned in Beijing >>> New pollution reduction targets listed >>> China exposes 10,000 groups in industries involving poisonous materials >>> Officials feel heat over waste incinerator >>> Huge water reserves discovered in northwest China basin >>> Gov't to invest 5 bln yuan in a new energy saving technology >>> China's investment in water conservancy projects reaches record high >>> Waste paper imports trigger environmental concerns >>> Guangzhou asks for public opinion to solve growing garbage crisis >>> Shopping for energy efficiency >>> Waste plant causes cancer fears >>> Number of clean-tech venture deals near record high in 2009: Report >>> Lead poisoning halts battery factory operation >>> Cleanup underway after oil pipeline leak in Shaanxi > Taiwan China expands its support for EBRD projects >>>
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Green Economy: An Imperative to Achieving Economic Recovery & Environmental Sustainability
2010-06-28 00:00:00
Editorial by Achim Steiner and Pavan Sukhdev

©Project Syndicate, 2010. www.project-syndicate.org

Reprinting material from this website without written consent from Project Syndicate is a violation of international copyright law. To secure permission, please contact distribution@project-syndicate.org

The G20 summit in Canada offers an opportunity for a hard, long look at how green investments are assisting recovery in many countries while generating employment and environmental gains including on climate change.

China, which put around a third of its stimulus package into environmental sectors, has not only seen its GDP rise sharply. The number of people employed in renewable energies such as solar has also climbed to over 1.5 million with 300,000 new workers in 2009 alone.

Spain's unemployment rates are high, but would undoubtedly be higher without its policy to foster wind power and other clean tech sectors where half a million jobs have been created.

The Republic of Korea has invested well over 80 per cent of its stimulus in areas ranging from sustainable transport and low emission vehicles to energy efficient buildings.

This has now been backed up with a five year green growth plan aimed at cutting carbon dependency and producing 1.8 million jobs.

India's National Rural Employment Guarantee Act is assisting to repair and restore a range of rural infrastructure, critical for livelihoods of the poor, including water storage networks in some of the poorest parts of the country such as Andra Pradesh.

It is delivering improved water security; a 25 per cent increase in wages for agricultural workers and more than 3.5 billion days of work reaching on average 30 million families per year for the programme as a whole.

The State of Sao Paulo is embarking on a Green Economy strategy covering transport to greener buildings. The city represents around a third of Brazil's economy.

While a transition to a low carbon, resource efficient Green Economy is gaining traction globally, some are claiming it is just a developed or rapidly emerging country agenda.

Poorer economies have far more pressing matters to be diverted by such a nouveau notion. Others skirt the debate claiming it is either a glossy repackaging of the sustainable development agenda or worse, a plot to constrain rather than liberate growth developing and least developed economies.

None of this could be further from the truth. In advance of the G20, we have assembled some key case studies - part of a major Green Economy report to be published later in the year.

Kenya - its new green energy policy, including a Feed-In Tariff and 15 year power purchase agreement, is catalyzing an initial target of 500MW of geothermal, wind and sugar wastes-into-energy systems: a rise in the country's installed capacity of over 40 per cent.

Uganda - policies to promote organic agriculture have generated 200,000 certified farmers and exports growing from close to $4 million in 2003 to nearly $23 million now.

Over the past two years, the Green Economy has gone from theory into practice. It is now one of the two major themes as governments prepare for the Rio+20 conference in Brazil in 2012.

The inherent logic offers, perhaps for the first time, a sustainable growth paradigm that is as much a developing country agenda as it is a developed economy one.

New directions, especially ones challenging the status quo and past ways of doing business will always have their critics.

As multiple case studies demonstrate, many developing economies are making their own minds up.

The Green Economy is not a luxury, but a 21st century imperative on a planet of six billion, rising to nine billion people in just 40 years.

The financial and economic crisis has given it wings. How far it will fly will depend on smart policies of national governments - developed and developing alike.

But it will also rest on forward-looking policies by regional development banks; the World Bank, the International Monetary Fund and bilateral development finance of OECD nations.

The G20 summit has the opportunity, if not the responsibility, to enable this transition by taking a leadership role in Toronto, individually and in support of developing economies' aspirations.

A leadership role that re-affirms its commitment to embed sustainability in the global economic recovery; One that recognizes the power of a Green Economy to deliver the opportunity of a fundamentally different and decisive development path across all nations.

Achim Steiner is a UN Under-Secretary General and UNEP Executive Director

Pavan Sukhdev is head of the UNEP Green Economy Initiative on secondment from Deutsche Bank