Inclusive Green Growth

Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.

Rapid economic development has been a boon to human well-being, but comes at a significant cost to the fertile soils, forests, coastal marshes, and farmland that support all life on earth. If ecosystems collapse, so eventually will human civilization. One solution is inclusive green growth--the efficient use of natural resources. Its genius lies in working with nature rather than against it. Green Growth That Works is the first practical guide to bring together pragmatic finance and policy tools that can make investment in natural capital both attractive and commonplace. Pioneered by leading scholars from the Natural Capital Project, this valuable compendium of proven techniques can guide agencies and organizations eager to make green growth work anywhere in the world.

This publication launches the Inclusive Green Growth Index, a new comprehensive metric that captures the key dimensions of economic growth, social equity, and environmental sustainability. The index's 28 performance indicators cover various aspects of growth and policy outcomes in areas where higher investment will advance better quality of growth and living standards. Designed as an easy-to-use guide for policy makers and stakeholders in development, the Inclusive Green Growth Index builds on current measures and indices. It is a powerful tool for assessing a country’s progress in achieving its development goals.

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As the global population heads toward 9 billion by 2050, decisions made today will lock countries into growth patterns that may or may not be sustainable in the future. Care must be taken to ensure that cities and roads, factories and farms are designed, managed, and regulated as efficiently as possible to wisely use natural resources while supporting the robust growth developing countries still need. Economic development during the next two decades cannot mirror the previous two: poverty reduction remains urgent but growth and ... Show moreequity can be pursued without relying on policies and practices that foul the air, water, and land. Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services. Countries must make strategic investments and farsighted policy changes that acknowledge natural resource constraints and enable the world's poorest and most vulnerable to benefit from efficient, clean, and resilient growth. Like other forms of capital, natural assets are limited and require accounting, investment, and maintenance in order to be properly harnessed and deployed. By maximizing co-benefits and avoiding lock-in, by promoting smarter decisions in industry and society, and by developing innovative financing tools for green investment, we can afford to do the things we must.

This book presents an overview of the main research findings and case studies concerning education and skills for inclusive growth, green jobs and the greening of economies. Focusing on India, Indonesia, Sri Lanka and Viet Nam, it discusses government and business sector responses to these issues and how Technical and Vocational Education and Training (TVET) systems and institutions are addressing both the renewal of curricula in the context of green growth dynamics, and patterns of training and skills development to meet demands. In addition, the book examines cross-country issues, concerns and prospects regarding education and skills for inclusive growth and green jobs for the four countries. These include critical themes and issues in the selected industry sectors triggering a demand for green jobs in the region; how industry is responding to those demands; areas impeding the transition from traditional to green practices; the importance of skills development; the role of TVET in addressing industry needs; and reasons for the slow response of TVET to green skills.While other studies conducted in Asia – and internationally - on the same topic have largely relied on secondary sources, this study conducted by the Asian Development Bank and the Education University of Hong Kong (ADB-EdUHK) is unique in that the findings, conclusions and recommendations reported on are based on primary data. As part of the study, TVET providers, business enterprises, policy makers and practitioners were surveyed using questionnaires and face-to-face interviews. In addition, workshops were held in each of the four countries to ascertain the views of key stakeholders in government, nongovernment organisations, members of the international development community, TVET providers and members of the business sector.The book also provides summaries of the case studies undertaken for India, Indonesia, Sri Lanka and Viet Nam.

Fostering inclusive green growth in Africa means addressing existing and emerging development challenges, while efficiently managing Africa’s natural capital and building resilience to environmental, social and economic risks. Although this new paradigm for development has the potential to create tremendous business opportunities, there are also challenges. This book provides empirical evidence on the conditions for the emergence of green businesses in Africa. It includes 13 case studies, which identify the determinants of small and medium-size enterprises’ engagement in inclusive and sustainable growth in rural Africa, and the factors that hinder eco-innovation in business and entrepreneurial activities. Furthermore it discusses appropriate regulations and policies to stimulate the development of green business in Africa. Offering insights into the relationship between eco-innovation, labor productivity and business competitiveness in rural Africa, this book appeals to scholars, policy makers and practitioners interested in a green economy for Africa.

This paper analyses development mechanism through which natural resource capital regenerates and contributes to economic growth. Climate change challenges economic development in the 21st century but it also provides opportunity to grow with developing green. New development strategy is the inclusive green growth that leads towards sustainable development. Regeneration of natural resource is a crucial productive capital in the economy. This paper suggests a theoretical model and explains sustainable development mechanism through productive consumption. Empirical observations also support this model. This paper suggests policy inputs regarding regeneration of natural resource capital and its preservation in term of water shed development, flood control or development of ecosystem services through creation of jobs in the channel of productive consumption. Policy makers should focus on employability, regeneration and preservation of natural resource capital for sustaining livelihoods in the economy.

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.

Challenges head-on the two biggest issues facing humanity and the planet today: Inequality and Environmental Degradation, and provides cases and tools for new design thinking which respects both people and planet.