1. Facilitating Transition towards Green Economy in post-Rio context: UNEP’s Green Economy Initiative 1 Joy Kim Economics and Trade Branch Director, Division of Technology, Industry and Economics

2. 2 Green Economy seeks to drive growth, jobs, environmental improvement, poverty eradication and social equity through shifting investments towards clean technologies and natural capital as well as human resources and social institutions with policy reforms supporting the shift.

3. Modeling Enabling Conditions Finance 10 Key sectors Agriculture Building Cities Energy Forest Manufacturing Tourism Transport Waste Water

4. 4 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

5. Rio+20 Key Outcomes (a) Green Economy: A mandate to coordinate and provide information to countries, as well as toolboxes, models of good policies, methodologies for evaluating progress and support for emerging platforms that contribute in this regard. (b) Beyond GDP: Recognition of the need for broader measures of progress beyond GDP in order to better inform policy decisions, and a request to launch a new programme of work building on existing initiatives. (e) 10 YFP: Adoption of a 10-Year Framework of Programmes on Sustainable Consumption and Production. (d) CSR: A call to enhance Corporate Sustainability Reporting, drawing on best practices and options for capacity building in developing countries. (c) SDGs: Endorsement to create a set of Sustainable Development Goals, which compliment the MDGs and support the transition to a green economy.

6. 6 Green Economy: Rio+20 Opportunities  ‘ The Future We Want’  encourages countries to implement green economy policies, but emphasizes the need to take into account national circumstances and priorities.  recognizes that the need for support for developing countries’ implementation  Some general principles (e.g. consistency with international laws and trade rules, avoiding conditionalities, enhancing welfare etc.) that should guide the development of green economy policies.  Priority areas for policy focus, include sustainable consumption and production, resource efficiency, job creation, waste reduction, technology and innovation, natural resource management and complementary social policies,

7. 7 Green Economy: Rio+20 Opportunities  Growing demand - Since Rio over a dozen countries have requested technical support from UNEP (incl. Bosnia & Herzegovina, Colombia, Côte d'Ivoire, Gabon, Kazakhstan, Mali, Mongolia, Mozambique, Niger, Nigeria, Peru, Tunisia, Uganda)  Political Momentum – At the AMCEN (sept. 2012) Ministers adopted an African Partnership on Green Economy, calling on UNEP and other agencies to support its implementation.

8. Green Economy: Strategic Presence and Interventions Forging partnerships and alliances Country level green economy advisory services Supporting regional preparatory processes Facilitating consensus building Several informal dialogues and consultations held across the world Engagement at AMCEN; COTED; Regional PrepComs GGKP; UNEP- UNDP- UNDESA Joint Programme; Green Jobs Programme; PAGE Working with over 20 countries around the world

9. UNEP Green Economy Advisory Services At present, UNEP works with over 26 countries in Africa, Asia and the Pacific, Eastern Europe, Latin America and the Caribbean and the Middle East responding to country demands for technical assistance and capacity building

10. 10 Green Economy Advisory Services  offer policy advice, technical assistance and capacity building by fostering multi-stakeholder dialogue and consultation on green economy;  delivering comprehensive green economy assessments that identify key opportunities and options for a green economy transition at country level;  assisting countries in creating indicators and measurement frameworks;

11. 11 Green Economy Advisory Services  identifying and facilitating policy and fiscal instruments that enable and encourage investments in high potential green sectors, while assisting the “greening” of other sectors;  supporting centres of excellence, enhancing local knowledge and building capacity;  mainstreaming green economy into national development strategies and UN Development Assistance Framework.

12. 12 UNEP’s GEI through Partnerships: Post- Rio+20  IGG toolkit through G20 process- the African Development Bank (AfDB), OECD, World Bank and UN produced a preliminary toolkit of policy options to support inclusive green growth. It will include integration of new or better tools on energy, water, and climate change.  Evaluating Progress – 1) production of guidelines for measuring national initiatives to green their economies, 2) application of the guidelines in selected countries (the following countries are being considered currently: Morocco, China, Ghana, Mexico, Barbados, Indonesia or Thailand)

13. 13 UNEP’s Green Economy Initiative: Post- Rio+20  GGKP – Inaugurated in January 2012, GGKP is a collaborative effort between UNEP, the World Bank, the OECD and the Global Green Growth Institute, has established three initial research programmes to bridge knowledge gaps: 1) Measurement of Green Growth/Green Economy; 2) Trade and Green Growth, 3) Technological innovation for Green Growth. It has expanded its partnerships with numerous other organizations, including ILO, UNDP, AfDB, ICLEI (Local governments for sustainability) and Climate and Development Knowledge Network (CDKN).  Green Industry Platform – UNEP together with UNIDO launched the Green Industry Platform in June 2012. It is a global public-private partnership to support participants (governments, businesses and civil society organizations) to take concrete and measurable action to advance green industry at all levels.

14. Accelerating and improving the transition to socially inclusive, resource efficient, low-carbon economies 14 UNEP Response: Programme of Action on Green Economy (PAGE) Vision Objectives To strengthen the capacity of Governments and other stakeholders to manage the transition to socially inclusive, resource efficient, low carbon economies To provide a springboard for action on commitments made at Rio+20 To foster cooperation, pool resources, and ensure coherence between the activities of various stakeholders while drawing upon the best of their respective expertise and political leverage

15. 15 PAGE components: 1. Develop new research addressing key policy questions on the drivers of green growth 2.Offer policy dialogues for high-level government officials to share experiences and formulate strategies 3.Provide capacity development and applied practical training on economic and fiscal policy, green jobs and sustainable management of natural resources 4.Provide country-driven advisory services consisting of policy advice, technical assistance and applied capacity development of “learning by doing” for governments

16. Benchmarking resource scarcities, drivers of change and opportunities for investment, wealth creation and employment Testing investment and policy scenarios through country-tailored quantitative modeling Testing investment and policy scenarios through country-tailored quantitative modeling Supporting national green economy action plans and mainstreaming Supporting sectoral programmes and policy tools for implementation Facilitating appropriate frameworks for measuring progress and natural resource management Mobilisation of private sector and finance TECHNICAL, ECONOMIC AND POLICY ASSESSMENTS POLICY FORMULATION FINANCE 16 POLICY IMPLEMENTATION POLICY IMPLEMENTATION Multistakeholder Dialogue and Engagement Process (business, workers, academia, civil society, gender and youth groups) Engagement model – Advisory services

17. Integration of green economy objectives in Barbados UNDAF (April 2011) Validation of green economy scoping study by Prime Minister of Barbados (March 2012) Announcement of Regional Initiative of green economy in the Caribbean region with EU support (March 2012) Government of Barbados, UWI, UNEP Government of Barbados, representatives of 8 Caribbean countries Government of Barbados, UN Country Team Government of Barbados, UWI, UNEP 17 Launch of Government of Barbados-University of West Indies- UNEP partnership (February 2011) National Level Actions and Outcomes: Barbados Supporting green economy objectives of Barbados’ National Strategic Plan (2006-2025) Prime Minister Freundel Stuart receiving a copy of the Green Economy report from UNEP Regional Director for Latin America and the Caribbean. (A. Miller/BGIS)

18. 18 Advisory Services: Delivering Sustainable Consumption and Production in a Green Economy Rio+20: Green Economy in the Context of … Rio+20: 10 YFP UNEP Country Level Advisory Services: Policy advice, technical assistance and capacity development PAGE SWITCH+ Macroeconomic country studies Economic modeling and fiscal policy Green jobs Technology Assessments & Plans EE and RE Technology support (eg CTCN) Consumer information, Lifestyles Procurement Buildings Tourism Country Delivery

19. 19 http://www.unep.org/greeneconomy/ Thank you