Fast, Fair, and Green: Global principles for an inclusive green economic transformation

On July 16, 2019, the Fast, Fair, and Green: Global principles for an inclusive green economic transformation event will take place within the United Nations High-Level Political Forum 2019 in New York.

The “Fast, Fair, and Green” event will showcase the partnership’s success and help to inspire leaders across sectors on the inclusive green economy transition at the highest levels of governance, civil society, and business.

The UN High Level Political Forum 2019 provides an opportunity for this diverse global partnership to come together to highlight and launch a number of complementary efforts: the global collaborative effort on inclusive green economy and green growth, including a shared set of principles and an open call to join the effort; GEC’s 10-year anniversary and new strategy; a preview of the PAGE 2030 Strategy; the launch of the new GGKP Green Industry Platform and Green Finance Platform; a preview of GGGI’s forthcoming State of Green Growth Report and Green Growth Index; and  the ILO Centenary Celebration.

The event aims to bring together a diverse cross-section of attendees focused on creating a green, inclusive economy, including ministers, senior officials, and policymakers from both developed and developing countries responsible for crafting global, country, and local policy; Civil society organizations, non-governmental organizations, and international organizations focused on forging the pathways towards an inclusive green economy; and Business and finance representatives engaged in changing the landscapes they operate within.

In the last decade, several initiatives to reform economic governance have been put forward – from ‘green’ to ‘blue’ to ‘circular’ economy. This diversity of complementary initiatives has driven valuable innovation and engaged civil society and business as well as government – and now strong systemic progress is paramount to fight climate change and protect nature while also delivering well-being and eradicating poverty. Inclusive green economy approaches need to be scaled up to center stage economic policy. In the spirit of SDG 17 “Global Transformative Partnerships”, several major institutions in the field have come together to live up to the scope of the challenge ahead. For five years, they have shared their experiences, best practices and lessons learned. The group now steps up to accelerate the transformation at global, national and subnational level. The partnership is helping to accelerate progress by collectively raising awareness for the challenges ahead, building consensus and ensuring better-aligned activities. In this shared vision for greener, more equitable and resilient economies is being advanced and the greater impact can be achieved.

The collaborating institutions have developed a three-part framework to offer a coherent way to tackle the complexity of economic transformation. It comprises: • 5 guiding principles to guide collective action; • 10 priority actions to embark on and accelerate the process; and • a medium- to long-term pathway sketch.

The framework enables stakeholders to reflect on progress, challenges and current plans when they are preparing active responses to the 2030 Agenda. At the same time, the partnership is aiming for more in-country collaboration to improve their support and create continuity. They are also working to improve collaboration among further international support agencies and with partner countries.

The event will be jointly organized by GGGI, the United Nations Environment Programme (UN Environment), the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Green Economy Coalition (GEC), the Green Growth Knowledge Partnership (GGKP), the International Labour Organization (ILO), the Organisation for Economic Cooperation and Development (OECD), Poverty-Environment Action for SDGs (PEA), the United Nations Development Programme (UNDP), the United Nations Industrial Development Organization (UNIDO), and the United Nations Partnership for Action on Green Economy (UN-PAGE).

Date: 16 July 2019 1:15PM-2:30PM

Venue: Conference Room 2, UN Conference Building, United Nations Headquarters, New York City, USA

Read about the Five Principles of Green Economy here.