Poverty and Social Dimensions in Green Economy
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Jan Dusik, Deputy Director, UNEP Regional Office for Europe
![[object Object],[object Object],[object Object],What is natural capital?](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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Poverty and Social Dimensions in Green Economy
- 1. Poverty and Social Dimensions in a Green Economy Jan DUSÍK Deputy Director Regional Office for Europe
- 13. Thank you Regional Office for Europe
Editor's Notes
- This slide illustrates the large component of natural resources in the overall wealth of the poor. The table can be used to illustrate the large percentage of natural resources in the GDP of developing countries – particularly when adjusted for non market and ecosystem services – and also, fundamentally, of the GDP of the poor. GDP of the poor – total amount of economic activity of the poor – monetized and non-monetized The bottom line here is that by depleting environmental assets the poor are typically most adversely affected. Hence the importance of moving towards a green economy for those most dependent on natural resources – by investing in natural capital as a source of economic growth and well-being.
- Innovative and imaginative public policies will be vital to generate enabling conditions that, in turn, can unleash markets and direct private sector investments into a Green Economic transition. These include: Sound regulatory frameworks , a prioritizing of government spending and procurement in areas that stimulate green economic sectors and limits on spending that deplete natural capital. Removing subidies could save 1-2% of global GDP a year, open fiscal space and makes room for public and private investment for a green economy transition Taxation and smart market mechanisms that shift consumer spending and promote green innovation. Public investments in capacity building and training , alongside a strengthening of international governance.
- Innovative and imaginative public policies will be vital to generate enabling conditions that, in turn, can unleash markets and direct private sector investments into a Green Economic transition. These include: Sound regulatory frameworks , a prioritizing of government spending and procurement in areas that stimulate green economic sectors and limits on spending that deplete natural capital. Removing subidies could save 1-2% of global GDP a year, open fiscal space and makes room for public and private investment for a green economy transition Taxation and smart market mechanisms that shift consumer spending and promote green innovation. Public investments in capacity building and training , alongside a strengthening of international governance.