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Press Release

Global Green New Deal - UNEP Green Economy Initiative
20/ 10/ 2008

Global Green New Deal - UNEP Green Economy InitiativeThose scheduled to attend include: Achim Steiner, UN Under - Secretary General and Executive Director UNEP, Hilary Benn, UK Secretary of State for the Environment, Food and Rural Affairs, Mr Pavan Sukhdev, Head of Deutsche Bank's Global Markets business in India; leader of The Economics of Ecosystems and Biodiversity study and now also of UNEP's Green Economy initiative.

Global Green New Deal-Environmentally-Focused Investment Historic Opportunity for 21st Century Prosperity and Job Generation
London, 22 October at 12.30pm, Department of Environment, Food and Rural Affairs (DEFRA), Nobel House, 17 Smith Square, London, SW1P 3JR

Those scheduled to attend include:

Achim Steiner, UN Under-Secretary General and Executive Director UNEP, Hilary Benn, UK Secretary of State for the Environment, Food and Rural Affairs, Mr Pavan Sukhdev, Head of Deutsche Bank's Global Markets business in India; leader of The Economics of Ecosystems and Biodiversity study and now also of UNEP's Green Economy initiative.

Background
2008 may prove to be a watershed year with food and fuel crises swiftly followed by a financial one.

Faced with the Great Depression President Franklin D Roosevelt rapidly adopted his famous recovery-focused New Deal. It set the stage for the biggest economic growth the world has seen.

Today we need similar vision, urgent action and strong political engagement to direct financial flows and manage markets to deal with the even greater global challenges of our time.

These range from climate change; poverty; job creation for the 1.3 billion people under or unemployed and accelerating natural resource scarcity to the need to fuel and to feed six billion, rising to nine billion people by 2050.

A new Green Deal, generating businesses in renewable energies; clean tech ventures, sustainable agriculture, conservation and the intelligent management of the planet's ecosystems and nature-based infrastructure is already underway.

Accelerating this transition is at the core of the Green Economy initiative and the best bet for global, sustainable wealth and employment generation for 1.3 billion poor people.

For Media Attending the Press Conference Please Contact
Nick Nuttall, UNEP Spokesperson and Head of Media, on Tel: +254 733 632755; after 17 Oct +41 79 596 57 37, E-mail: nick.nuttall@unep.org

Or Penny Fox, Defra Press Office on 020 7238 5334 or Penny.Fox@defra.gsi.gov.uk

Thomas Biggs, Defra Press Office on 020 7238 6140, Thomas.Briggs@defra.gsi.gov.uk

For Non Media Wishing to Attend Please Contact
Andrew Walker at 020 7238 5349 or Andrew.Walker@defra.gsi.gov.uk

Please note that those wishing to attend must RSVP to Defra in order to get through security.

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