The Green Growth Best Practice initiative seeks to improve the quality and effectiveness of green growth planning and implementation internationally. It is designed to facilitate peer learning by compiling, analyzing, and broadly disseminating best practices at all levels of government, the private sector and civil society. Launched in October 2012 the GGBP is supported by four organizations – Global Green Growth Institute (GGGI), Climate Development and Knowledge Network (CDKN), European Climate Foundation (ECF) and International Climate Initiative (ICI) of the German Federal Ministry of Environment, Nature, Conservation, and Nuclear Safety. Ecofys, the Energy Research Centre of the Netherlands, the JI Network, and the U.S. National Renewable Energy Laboratory are providing technical support for the project.
GGGI has joined the World Bank, UNEP and the OECD to create a global network of researchers and development experts with the aim to identify and address major knowledge gaps in green growth theory and practice. The Platform will then use this to provide policymakers with the necessary tools to facilitate the transition to a model of green economic growth. GGKP hosted its inaugural conference in January 2012, in Mexico City, in partnership with the Instituto Nacional De Ecología Y Cambio Climático. The conference began the assessment of the state of knowledge on green growth and the identification of key gaps for further practical research. GGGI is co-hosting the GGKP Secretariat with UNEP. A follow-up conference is planned for April 2013 in Paris.
This program, undertaken by GGGI and the Grantham Research Institute at the London School of Economics, is a two-year research project that sets out to better understand the link between environmental protection, growth, and development. It aims to strengthen the analytical and empirical underpinnings of green growth in both developed and developing countries. The program is broken down into four projects: 1) macroeconomic issues: Jobs, Poverty and Green Growth; 2) studies of the impact of innovation and other climate-change policies; 3) evidence from economic history about the sources of growth and the role of policy; and 4) growth and adaptation to climate change. For more information about GGGI’s work with GRI, click here
Green Growth in Developing Countries
GGGI is supporting the OECD and the International Institute for Environment and Development (IIED) in preparing a report on ‘Green Growth and Developing Countries’ to present channels in which green growth objectives can be achieved and the policies, regulations, technology transfer and new market opportunities that can help deliver them. The first draft of the report was released in April 2011 and was presented and discussed by developing country government officials and experts in the field at the GGGI-OECD Policy Consultation on May 9 in the run-up to the Global Green Growth Summit in Seoul. The findings from the Consultation and the Summit were worked into the final report. A copy of the report can be found here
GGGI has teamed up with the Brookings Institution for a research project which seeks to 1) examine international mechanisms for green technology innovation in developing countries and 2) propose options for an international architecture which would extend the pace and diffusion of technological innovation. The research project will:
- Survey and map ongoing initiatives and proposals to enhance research development and deployment (RD&D) capacity for green growth related technology in the developing world;
- As part of this survey, identify approaches to enhance developing country access to intellectual property (IP) that would allow development and diffusion of appropriate technologies for local conditions;
- Identify stages of this process that are currently under-supported;
- Review precedents for international IP development and sharing in other fields (pharmaceuticals, agriculture, etc) and assess how lessons can be deployed in the green growth innovation space to address the gaps identified;
- Outline the components of a potential international initiative. This proposal would consider the balance between international cooperation and funding in support of potential networks, technology development and/or acquisition of IP; and
- Outline a series of options with criteria for their assessment.
In November 2012, GGGI and Brookings released a report entitled Green Growth Innovation: New Pathways for International Cooperation.
A major new global initiative was launched in September 2013 on the economics of climate change. Overseen by an eminent group of former heads of government and finance ministers and leaders in the fields of economics, business and finance, and backed by seven research institutes on six continents, the Global Commission on the Economy and Climate will provide new , independent evidence on the economic opportunities and costs of acting on climate change. Its New Climate Economy project will report in September 2014 with recommendations on the policies that can simultaneously deliver better economic growth and address climate risks. Chaired by former President of Mexico Calderón, the project aims to inform the global debate about economic policy, and to influence government policy choices and business investment decisions in the run up to the international climate negotiations in 2015.
The research institutes in the partnership are the Climate Policy Initiative, Ethiopian Development Research Institute, Global Green Growth Institute, Indian Council for Research on International Economic Relations, Stockholm Environment Institute, Tsinghua University, and World Resources Institute.
The initiative has been commissioned by six countries (Colombia, Ethiopia, Indonesia, Korea, Norway, Sweden and the UK) as an independent initiative.
An Advisory Panel of world-leading economists, chaired by Nicholas Stern and including Nobel Prize winner Daniel Kahneman, will carry out an expert review of the work.
The project will engage directly with key decision makers in finance ministries and with major businesses and investors, and work with leading economic organizations, such as the World Bank and International Monetary Fund. It will also invite contributions from a wide variety of academic, business and other institutions.
The New Climate Economy project will publish its comprehensive analysis in September 2014, a year before the culmination of negotiations for a new international climate agreement in Paris in 2015. The Commission will then take its findings and recommendations directly to heads of government, finance and economic ministers, business leaders, investors and city mayors throughout the world.
Official Press Release here
Sustainable Energy Trade Agreement
GGGI launched the Sustainable Energy Trade Agreement (SETA) research project in cooperation with the Peterson Institute for International Economics and the International Centre for Trade and Sustainable Development. The aim of the project is to analyze the feasibility of a Sustainable Energy Trade Agreement and develop a detailed set of policy options, which could serve as the basis for such an agreement. The concept for such an agreement involves creating a sectoral free trade arrangement where sustainable energy products and services are traded among country participants without tariff and non-tariff barriers. GGGI and its partners believe that a similar arrangement could help to stimulate the diffusion and innovation of energy efficient products and technologies. The process was launched with a symposium in Washington at the Peterson Institute for International Economics in November 2011.
SETA research Papers: