The OECD green growth strategy: Key lessons so far

TitleThe OECD green growth strategy: Key lessons so far
Publication TypeJournal Article
Year of Publication2010
AuthorsGirouard, N
JournalOECD Observer

The OECD will deliver its Green Growth Strategy in 2011 to identify ways to solve short-term economic problems and lay the path for a longer-term growth that respects the planet. Countries should do more to reduce barriers to trade and skilled immigration too, as these affect the spread of dean technologies and the know-how that comes with them. Green growth must be encouraged globally too, the Green Growth Strategy finds. Innovation and assisting with new sources of growth must become part and parcel of mainstream development assistance programs. Finally, climate change seems to have stolen the headlines from another great environmental threat the loss of our planet's biodiversity. OECD analysis based on data from the International Energy Agency, finds that removing subsidies to fossil fuel consumption in emerging and developing countries could lead to a 10% reduction in global greenhouse gas emissions by 2050.