Supporting a green economy

Green Economy Transformation and Decarbonisation Pathways in the Context of Economic Recovery

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  • Commissioning Party

    German Federal Ministry for Economic Affairs and Climate Action (BMWK)

  • Country

    Global

  • Lead executing agency

    More

  • Overall term

    2022 to 2025

  • Other Stakeholders

    United Nations Environment Programme (UNEP)

  • Products and expertise

    Climate, environment, natural resource management

Context

The economic and social effects of the COVID-19 pandemic are jeopardising measures to deal with the global crises of biodiversity loss, environmental pollution and climate change. Integrated policy approaches are needed to promote economic recovery while at the same time reducing carbon dioxide emissions and expanding eco-friendly business models. These approaches must combine economic recovery with environmental and social change to create an Inclusive Green Economy (IGE).

Objective

Decision-makers in the four cooperation countries are able to improve the political framework for IGE. Relevant international partnerships and networks that promote global learning and knowledge generation with regard to IGE are supported.

Growing small mangroves. © GIZ / Jose Diaz

Approach

Building on three predecessor projects, the project supports transformations in Argentina, Costa Rica, Indonesia and South Africa. It focuses on green fiscal policy, green finance, sustainable infrastructure and inclusion.

  • The project expands interactive dialogue formats and develops knowledge products for country-specific advisory services such as brief studies and recommendations for action.
  • It supports the stakeholders and target groups of the global partnerships and alliances in country-specific engagement. Moreover, it promotes global learning, strategic and thematic contributions and the provision of funding.
  • It is turning the global focus towards IGE and sustainable economic recovery through strategic involvement in large-scale dialogue formats.

The project is working together with the United Nations Environment Programme (UNEP). The international cooperation partners include the Partnership for Action on Green Economy (PAGE), Green Growth Knowledge Partnership (GGKP) and Green Fiscal Policy Network (GFPN).

Last update: January 2023

 

Additional information