OECD Secretary-General, Angel Gurría, suggests in his February article “Green Growth: Making it Happen” that green growth can be seen as a new source of growth with the potential of helping the global economy to get “back on track.” He also highlights that green growth should go in line with sustainable development taking into account all economic, social as well as environmental aspects.
The article touches on the key environmental challenges in the areas of climate change, biodiversity, water, as well as health and environment identified in the “OECD Environmental Outlook to 2050” published earlier this year. It discusses the projections into the future and concludes that change in behavior and policy is needed. Some of the green growth policy change recommendations include: putting a price on pollution (including carbon emissions), phasing out environmentally harmful and inefficient subsidies (e.g. on fossil fuel production and use) and supporting green innovations at all levels (including green investments).
The Secretary-General invites all world leaders to action on sustainable development with the Rio+20 being a perfect opportunity and suggests that green growth can be part of the solution.