Five building blocks of an inclusive green economy
Examples of the green economy in practice show great potential for delivering a “triple bottom line” of job–creating economic growth coupled with environmental protection and social inclusion. However, there are significant barriers to realizing this potential on a large scale. To build an inclusive green economy that is equitable and sustainable will require carefully designed policies and targeted investments that enable low and middle-income countries and the poor to contribute to and benefit from the transition.
Of particular importance is the need for governance and policy reforms that extend to poor people secure rights over the environmental assets that underpin their livelihoods and well-being, and that ensure a greater voice in decisions affecting how these assets are managed. At the same time, policies and measures such as green protectionism and aid conditionality that could adversely impact low and middle-income countries and people living in poverty must be avoided if the benefits of an inclusive green economy are to be realized.
- From the foreword of "Building an Inclusive Green Economy for All: Opportunities and Challenges for Overcoming Poverty and Inequality," a Poverty-Environment Partnership joint paper