Green Economy: An Imperative to Achieving Economic Recovery & Environmental Sustainability
Editorial by Achim Steiner and Pavan Sukhdev
ęProject Syndicate, 2010. www.project-syndicate.org
Reprinting material from this website without written consent from Project Syndicate is a violation of international copyright law. To secure permission, please contact email@example.com
The G20 summit in Canada offers an opportunity for a hard, long look at how green investments are assisting recovery in many countries while generating employment and environmental gains including on climate change.
China, which put around a third of its stimulus package into environmental sectors, has not only seen its GDP rise sharply. The number of people employed in renewable energies such as solar has also climbed to over 1.5 million with 300,000 new workers in 2009 alone.
Spain's unemployment rates are high, but would undoubtedly be higher without its policy to foster wind power and other clean tech sectors where half a million jobs have been created.
The Republic of Korea has invested well over 80 per cent of its stimulus in areas ranging from sustainable transport and low emission vehicles to energy efficient buildings.
This has now been backed up with a five year green growth plan aimed at cutting carbon dependency and producing 1.8 million jobs.
India's National Rural Employment Guarantee Act is assisting to repair and restore a range of rural infrastructure, critical for livelihoods of the poor, including water storage networks in some of the poorest parts of the country such as Andra Pradesh.